Inflation Pulse From AI and Energy Will Last Decades, IFM Says – Bloomberg
Workers change the price label of fuel at a petrol station in Manila on March 17.Photographer: Ted Aljibe/AFP/Getty Images
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Enormous spending on artificial intelligence and the global energy transition are likely to cause inflationary pressures for decades to come, according to the chief executive of global infrastructure money manager IFM Investors.
“Inflation is an issue that investors should be a little more worried about, not just because of the spike that we’ve had in energy prices,” David Neal said in a Bloomberg TV interview on the sidelines of the Asia Pacific Financial and Innovation Symposium in Melbourne on Thursday.