[BIS Economists Warn: AI Boom Increases Risk of Central Bank Monetary Policy Errors] DeepTech TechFlow reports that on July 29, according to Yonhap News Agency, economists from the Bank for International Settlements (BIS) warned in their monthly bulletin analysis that the AI boom is blurring economic signals, increasing the risk of central banks making significant policy errors. The analysis pointed out that the impact of AI on investment, trade, and asset prices has reached an 'observable' scale, sufficient to influence global economic prospects in real-time and sustain economic growth even amidst trade disputes and geopolitical shocks. U.S. spending on data centers and IT manufacturing facilities has risen to 0.8% of GDP, and the wealth effect from AI-driven stock price increases is also stimulating consumption. At the same time, if AI enhances productivity or raises concerns about unemployment, it could have a deflationary effect. BIS economists warned that short-term inflationary effects may already be emerging, while deflationary effects will be more gradual. If central banks overestimate productivity gains or underestimate underlying demand growth, they risk keeping interest rates too low, leading to uncontrolled inflation.