Economics
Argentina’s Latest Unorthodox Tool to Combat Inflation: AI
- Government will use artificial intelligence to monitor prices
- Argentina’s inflation has increased to almost 100% annually
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Argentina, which for decades had unsuccessfully tried to beat runaway inflation with unorthodox policies, has come up with a new tool to keep track of price increases: artificial intelligence.
The government is deploying software that uses machine learning and artificial intelligence developed by state-run software and satellite agency Arsat to monitor price increases in real time.