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AI Will Be Deflationary in the Long-Term, Says US Investment Giant
ABC News
ENRICHED
Details
- Date Published
- 1 Sept 2026
- Priority Score
- 1
- Australian
- Yes
- Created
- 1 Sept 2026, 10:00 am
Authors (1)
- Kirsten AikenENRICHED
Description
Follow the latest headlines from ABC News, Australia's most trusted media source, with live events, audio and on-demand video from the national broadcaster.
Summary
This segment examines the economic impact of advanced AI systems, characterizing them as a significant positive supply shock capable of driving long-term deflation. While the discussion focuses primarily on macroeconomic trends like productivity and market returns, it touches on the transformative scale of frontier AI capabilities. However, it lacks substantive engagement with catastrophic risks, alignment safety, or specific regulatory frameworks for high-risk AI models.
Body
VIDEO: AI will be deflationary in the long-term, says US investment giantKirsten AikenThe BusinessPosted Tue 1 Sep 2026 at 6:45pmTue 1 Sep 2026 at 6:45pmTue 1 Sep 2026 at 6:45pm, updated Tue 1 Sep 2026 at 7:16pmTue 1 Sep 2026 at 7:16pmTue 1 Sep 2026 at 7:16pmHas Video Duration: 6 minutes 15 seconds.Watch 6m President of US investment giant Northern Trust Asset Management, Michael Hunstad says AI may be the biggest positive supply shock that the global economy has ever seen.Share optionsFacebookLinkedInX (formerly Twitter)President of US investment giant Northern Trust Asset Management, Michael Hunstad says AI may be the biggest positive supply shock that the global economy has ever seen.Business, Economics and Finance