Singapore's central bank says AI isn't ready for policy work
Briefly

Over the past year...call into question the usefulness of our models...we may ask if economists should be paying more attention to recent advances in data analytics and artificial intelligence (AI) technologies to improve our forecasts and models.
AI/ML techniques have been used to identify anomalous financial transactions, help supervisors sift through large volumes of text data submitted by financial institutions to identify vulnerable areas, and generate dynamic measures of inflation expectations using social media posts.
Read at Theregister
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