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BoE Governor Bailey says we are seeing growing signs of the beginnings of a positive supply shock coming from AI and the investment required for that
ORIGINAL · NewsquawkBoE Governor Bailey says we are seeing growing signs of the beginnings of a positive supply shock coming from AI and the investment required for thatRead originalHide original
In the UK, economic activity is turning out to be more resilient than we had expected, and some of that is due to AI investment, particularly in the business services sector.
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Bailey said UK economic activity was more resilient than expected, partly due to AI investment in business services, and cited early signs of a positive AI-related supply shock.
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In the UK, economic activity is turning out to be more resilient than we had expected, and some of that is due to AI investment, particularly in the business services sector.
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