RBA Assistant Governor: Australia's AI investment surge will lift inflation before productivity gains
rohanpaul_ai · x · 2026-11-10
Bloomberg reports that Reserve Bank of Australia Assistant Governor Sarah Hunter said Australia's AI investment boom will raise inflation before productivity gains arrive.
Data centre construction is adding demand to already-stretched skilled trades, and higher building costs are feeding into the consumer price index. Pricier phones and game consoles add a smaller push. So far, AI has barely moved headline productivity.
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