Richard Portes's picture
Affiliation: 
London Business School and CEPR

Voting history

Artificial Intelligence and the Economy

Question 1: What will be the implications of recent developments in AI on global economic growth, as they mature over the upcoming decade?

Answer:
Increase (to 4-6%)
Confidence level:
Not confident

Question 2: What will be the implications of recent developments in AI on unemployment in high income countries over the upcoming decade?

Answer:
Remain unchanged
Confidence level:
Confident

Prospects for Euro Area Inflation in 2023

Question 3:  Under its current policy trajectory, with rates peaking at 3.5%, which of the following is most likely?

Answer:
ECB policy interest rates will be too high in 2023.
Confidence level:
Confident

Euro weakness in 2022

Question 2: Should the ECB respond to movements in the euro-dollar exchange rate of the nature observed in 2022?

Answer:
Yes, (even) unilaterally
Confidence level:
Confident
Comment:
Yes, but only insofar as exchange-rate depreciation might increase inflationary pressures or threaten financial stability.

Question 1: What was the main cause for the euro’s decline relative to the US dollar in 2022?

Answer:
Monetary policy differences
Confidence level:
Confident

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