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Bank of Canada

Bank of Canada latest

Bank of Canada
September 22nd, 2024 - 07:35 GMT

Bank of Canada governor express how AI may destroy jobs

Bank of Canada Governor Tiff Macklem on Friday expressed concerns about the potentially disruptive impact of artificial intelligence (AI) on the job market, cautioning that the technology could eliminate more jobs than it creates in the long run. "As AI becomes more established in the economy and its impacts more transformative, it could end up destroying more jobs than it creates," he told the National Bureau of Economic Research's Economics ...
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Central banks agree to enhance dollar liquidity
March 20th, 2023 - 08:21 GMT

Central banks agree to enhance dollar liquidity

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