Governor Bullock says the RBA is exploring AI's impact on the economy

Australian Central Bank Governor Mitchelle Bullock has confirmed that the bank is exploring the impact of AI on the economy. She said they are examining the potential implications for inflation and employment during the 60th Shann Memorial Lecture in Perth.
Bullock urged policymakers to remain alert to all possible impacts as AI adoption increases. She acknowledged that technological change has continuously reshaped the labor market, noting that AI is no exception.
According to her, some roles may be changed or displaced altogether with new ones forming. 
RBA deploys AI and data tools to boost research
Governor Mitchelle Bullock outlined in a speech the steps being taken at the Central Bank to explore AI’s impact on the economy. The RBA has acquired an enterprise-grade GPU that will aid the development of AI-driven analytical tools. It has also adopted a hybrid model that utilizes secure cloud and on-premise data centers. She confirmed that about 450 employees are now actively coding using AI-assistant tools.
The Bank has adopted a pilot program called RBAPubChat, an internal chatbot that surfaces insights from nearly 20,000 analytical documents ranging from petabytes of data. The Governor revealed that they are conducting efficiency improvements in research and analytics, but not to make policy. 
“To be clear, we are not using AI to formulate or set monetary policy or any other policy.