Artificial intelligence meets business intelligence: the anatomy of inflation

Artificial intelligence meets business intelligence: the anatomy of inflation. Marcus Buckmann, Galina Potjagailo and Shobhit Rawat What can artificial intelligence reveal about firms’ pricing decisions from text-based business intelligence? We use a large language model (LLM) to quantify pricing narratives from reports documenting discussions during the Bank of England’s company visits. The LLM is prompted to derive scores for output-price changes and decompose them … Continue reading Artificial intelligence meets business intelligence: the anatomy of inflation →