Policymakers Debate CBDCs And Agentic AI Intervention
Policymakers are debating two technology-driven shifts: whether central bank digital currencies should pay interest and supplant bank deposits, and how agentic AI firms underprice costs while threatening jobs and business models. The article cites Indian banks' creeping deposit drought and Reserve Bank of India liquidity support, warning that investor-funded AI's uncertain profitability could prompt calls for a global regulatory compact.
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Sources
- Read OriginalMint Quick Edit | Should digital currencies redesign banking and AI agents take over human jobs?livemint.com
