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| 01951nam 2200361zi 4500 |
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001 | 9.882091 |
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003 | CaOODSP |
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005 | 20221107170216 |
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006 | m o d f |
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007 | cr |n||||||||| |
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008 | 191118t20192019oncd ob f000 0 eng d |
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040 | |aCaOODSP|beng|erda|cCaOODSP |
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041 | |aeng|bfre |
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043 | |an-cn--- |
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086 | 1 |aFB3-6/2019-11E-PDF |
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100 | 1 |aPoloz, Stephen S., |eauthor. |
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245 | 10|aTechnological progress and monetary policy : |bmanaging the fourth industrial revolution / |cby Stephen S. Poloz. |
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264 | 1|aOttawa : |bBank of Canada, |c2019. |
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264 | 4|c©2019 |
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300 | |a1 online resource (v, 14 pages) : |bcharts. |
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336 | |atext|btxt|2rdacontent |
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337 | |acomputer|bc|2rdamedia |
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338 | |aonline resource|bcr|2rdacarrier |
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490 | 1 |aBank of Canada staff discussion paper, |x1914-0568 ; |v2019-11 |
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500 | |a"November 2019." |
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504 | |aIncludes bibliographical references (pages 13-14). |
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520 | 3 |a"This paper looks at the implications for monetary policy of the widespread adoption of artificial intelligence and machine learning, which is sometimes called the fourth industrial revolution. The paper reviews experiences from the previous three industrial revolutions, developing a template of shared characteristics: new technology displaces workers; investor hype linked to the new technology leads to financial excesses; new types of jobs are created; productivity and potential output rise; prices and inflation fall; and real debt burdens increase, which can provoke crises when asset prices crash"--Abstract. |
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546 | |aIncludes abstract in French. |
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692 | 07|2gccst|aMonetary policy |
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692 | 07|2gccst|aArtificial intelligence |
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710 | 2 |aBank of Canada. |
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830 | #0|aStaff discussion paper (Bank of Canada)|v2019-11.|w(CaOODSP)9.806273 |
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856 | 40|qPDF|s555 KB|uhttps://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-6-2019-11-eng.pdf |
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