RBA cites datacentre investment as inflation pressure while AI productivity gains remain uncertain
Overview
The Reserve Bank of Australia says datacentre-related investment has added to inflationary pressures, and governor Michele Bullock said she did not know when AI would lift productivity.
Deloitte Access Economics reports Australia's datacentre pipeline includes 37 datacentres worth $141bn, a 36% increase in a year. Deloitte says the productivity benefit may arrive much later than the construction demand and inflation pressure it creates.
Written by AI from the articles below · updated Nov 5, 9:09 AM ET
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- The Guardian · AINewsAustralians see no AI datacentre benefits as RBA cites datacentres in inflation
AIThe Reserve Bank of Australia said datacentre-related investment has added to inflationary pressures, as governor Michele Bullock said she did not know when AI would lift productivity. Deloitte Access Economics reported Australia's datacentre investment pipeline includes 37 datacentres worth $141bn, a 36% increase in a year, and said the productivity dividend may come much later than construction demand and inflation pressures.
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