ENTITY TBS CROSS DIG

TBS CROSS DIG

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COMMENTARY · CL_95411 · Jun 16 · 22:08

RBC CEO: Insatiable Demand for AI Capital, Deflationary Potential

The CEO of Royal Bank of Canada, McKay, stated that there is an "insatiable" demand for capital investment in AI. He believes that while AI may initially contribute to inflation, it will ultimately have a deflationary e…