Jun 20, 2026 · 9 min · 10 segments
This episode dives into a new Bank of England research paper exploring whether Large Language Models like GPT-3.5 Turbo can form inflation perceptions and expectations similar to human households…
Understanding how people perceive inflation is crucial, not just for our wallets, but for how central banks manage the economy.
What if we could simulate those perceptions using artificial intelligence?
That's a fascinating thought.
It sounds like a powerful tool if it works.
Exactly.
A recent Bank of England staff working paper, Inflation Attitudes of Large Language Models, dives right into this.
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Understanding how people perceive inflation is crucial, not just for our wallets, but for how central banks manage the economy.
What if we could simulate those perceptions using artificial intelligence?
That's a fascinating thought.
It sounds like a powerful tool if it works.
Exactly.
A recent Bank of England staff working paper, Inflation Attitudes of Large Language Models, dives right into this.
