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RBA chief Bullock warns AI could be a bubble, isn't yet boosting productivity

Government's productivity assumption deemed unrealistic by economists

2 Sep 22 · 4d ago · 1 post · 1 source · development 2 of 2

The intergenerational report assumes productivity will return to 1.2% annual growth; economists have said this appears unlikely. If productivity only rose 0.8%, per-person activity would reach $136,600 by 2066 instead of $157,300.

Government's productivity assumption deemed unrealistic by economists
theguardian.com

Michele BullockMichele Bullock RBA GovernorJim ChalmersJim Chalmers Australian TreasurerTony BurkeTony Burke Australian Home Affairs Minister

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1Bullock challenges AI productivity…2Government's productivity assumption…
Sep 23Sep 24yesterdaynow · 9:21 AM ET

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