Overview
- The internal chatbot draws on nearly 20,000 RBA analytical documents to synthesize decades of institutional knowledge for researchers.
- It leverages more than 22,000 conversations with businesses to pull clearer, faster insights on current economic conditions.
- The bank is expanding use of machine learning and granular datasets to build close-to-real-time indicators on inflation, jobs and household stress.
- Leaders emphasize that AI-assisted analysis informs briefings yet does not formulate monetary policy or other decisions.
- Bullock says AI is likely to reshape roles and displace some workers and she urges government investment in training as the cash rate sits at 3.6% with the next decision due on September 30.