AI lets economists run complex models in minutes, not days

New AI tools let economists solve complex models much faster. Calculations that used to take days can now finish in minutes, and an AI can even build the models from text prompts.

Central banks and financial institutions use these models to understand markets and make policy decisions. This speedup means they can test many more scenarios and get answers much faster. It could make economic analysis more responsive to real-time events, and the AI agent could automate much of the initial model setup.