Economists commonly use AI for data analysis
Lower-middle income countries, Africa and Asia-Pacific report lower use of AI
Central bank economists tend to use artificial intelligence (AI) mainly for data analysis, the Economics Benchmarks 2024 find.
Just over two-fifths (44.1%) of 34 respondents to this section say they use the technology in analysing data. Slightly more than a third (35.3%) reported summarising documents with AI but some, 32.4%, say they do not currently use AI.
The least-mentioned AI use-cases among respondents are “other” ways (14.7%) and search engines for central banks’ own systems (17.7%).
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Economics Benchmarks 2024 Charts
Take a deep dive into the Economics Benchmarks charts, which have just been released for 2024.