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AI limiting workers' wage bargaining power

By Staff Writer

Oct 14 2026 6:32AM

Central bank's chief economist says.

AI limiting workers' wage bargaining power

The increased use of AI by euro ⁠zone companies ⁠could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially tightening financing conditions, European Central Bank (ECB) chief economist Philip Lane said. With inflation ‌now ...

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