JP Morgan says Artificial Intelligence could prove VERY deflationary (remains to be seen)

JP Morgan snippet on AI:

• We are in the early stages of understanding the impacts of AI, let alone fully grasping the implications of the technology.
• From a business standpoint, AI could also prove VERY deflationary, not just for tech but for society (remains to be seen).

You heard it here first:

• Artificial intelligence isn't just a technology story, it's a macro story

"Great ..."