Goldman Sachs economists say artificial intelligence, expected to drive disinflation through productivity gains, is currently fueling inflation in the US. Rising costs for computer parts, software AI upcharges, and surging electricity bills are weighing on consumers.
Goldman Warns AI Inflation May Persist
Executives at major firms including Microsoft, Adobe, and Apple have raised software prices after integrating AI features, while data centers push power demand higher. Goldman projects long‑term disinflation once AI productivity gains spread, but warns near‑term pressures remain. Governance experts note inflationary effects could persist if AI profits and wages rise without lowering consumer prices.
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