Bank of England Official: AI Yet to Boost UK Productivity

A member of the Bank of England's Monetary Policy Committee, Green, has stated that the United Kingdom has not yet observed a significant increase in productivity due to artificial intelligence. According to Jin10, Green's comments highlight the ongoing debate about the impact of AI on economic performance. While AI technologies continue to advance, their tangible effects on productivity in the UK remain to be seen. The statement underscores the cautious approach policymakers are taking in assessing AI's role in the economy.