BOE's Pill suggests AI could enhance decision-making for central banks

The automation revolution may trigger a jump in UK living standards and allow central banks to make better decisions, according to Bank of England Chief Economist Huw Pill.

Pill said the use of AI could be a “win win” for households as it should unlock an increase in productivity that boosts living standards.

Read More : BOE’s Pill suggests AI could enhance decision-making for central banks