# RBA’s Hunter says AI has yet to deliver productivity boost, trigger job losses

- URL: https://talkfuse.com/story/rbas-hunter-says-ai-has-yet-to-deliver-productivity-boost-trigger-job-losses/
- Published: 2026-11-08T22:42:58+00:00
- Updated: 2026-11-08T23:26:07+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/business/rbas-hunter-says-ai-has-yet-deliver-productivity-boost-trigger-job-losses-6534796
- Topics: AI, Technology, World

## Key points

- AI has yet to show a major productivity or employment impact.
- Data centre investment is adding to demand and inflation pressures.
- Hunter warns disappointing AI returns could unsettle financial markets.

## Summary

A senior Reserve Bank of Australia official says there is still little evidence that artificial intelligence has significantly lifted productivity or caused widespread job losses. Sarah Hunter said AI could initially add to inflation by boosting investment and demand, while its longer-term effect may ease price pressures if it enables economies to produce more with the same resources.

Hunter also warned that AI investment could create risks for financial stability if expected returns fail to materialise, potentially prompting sharp falls in asset prices. Data centre investment is adding to Australian demand pressures; the central bank has raised interest rates five times this year to 4.85 per cent, an 18-year high. She noted early signs of labour market adjustment, including weaker job advertising and employment outcomes in AI-exposed occupations, particularly for younger workers.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.