Fed’s Warsh to review AI’s impact on jobs, productivity and inflation

Federal Reserve Chair Kevin Warsh is set to review the potential macroeconomic impact of artificial intelligence, examining whether advances in AI will enhance US productivity or instead create widespread job disruption, inflationary pressures, and financial instability. Warsh is scheduled to deliver opening remarks at the Federal Reserve Productivity and Jobs Task Force Conference in San Francisco on November 16. The conference takes place as investors question whether the current AI investment surge is sustainable. The event, hosted by the Federal Reserve Bank of San Francisco, will specifically address how emerging technologies like artificial intelligence could reshape employment, productivity, and central bank policy. Federal Reserve officials have identified these topics as increasingly critical as AI adoption accelerates among US businesses.

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