Artificial Intelligence and Economy: Effects of the Şimşek Program

Artificial intelligence is starting to play an important role in economic management, just as it does in many other fields. However, the developments surrounding the Şimşek program are noteworthy.
As stated in Özgür Orhangazi's article, the Şimşek program has not been able to free the economy from the 'interest currency trap'. Efforts to control both interest rates and exchange rates have once again brought the same issues as in the past.
As we approach the 2023 elections, the goals of low interest rates and currency values may lead us to face the risk of a balance of payments crisis. The measures taken by the economic management will determine how this process unfolds.
High inflation, unexpectedly high interest rates, and lower growth may put the economy in a difficult period. What role will artificial intelligence play in this process?
No comments yet.