Artificial intelligence was supposed to reduce prices. Instead AI is… | HappeningNow.news
Published Date: May 20, 2026

Business & Economy MarketWatch 1h 25m ago

Artificial intelligence was supposed to reduce prices. Instead AI is boosting inflation.

The upsurge in U.S. inflation, reaching a three-year high, has been fueled by rising oil prices and the residual effects of the Trump tariffs.

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The upsurge in U.S. inflation, reaching a three-year high, has been fueled by rising oil prices and the residual effects of the Trump tariffs. But another thing is adding to the problem: the boom in artificial intelligence.

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