The AI Buildout Is Fueling The Stock Market. It Could Also Be Contributing To Keeping Inflation Stubborn.

Source: International Business Times

The enormous cost of building the infrastructure needed to power it may be adding to inflation before those promised productivity gains arrive. Getty Images An argument in favor of the artificial intelligence boom is that it could make businesses dramatically more productive and goods and services cheaper. For the Federal Reserve, however, AI is creating a more immediate problem in that area.