Fed Chair Powell Says AI Is Coming for Your Job

Goldman's Hollywood whisperer Aaron Siegel talks AI anxiety and junior bankers

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Fed chair Powell says AI is coming for your job

: AI will make 'significant changes' to economy, labor market

Fed chair sees AI creating ‘significant changes’ to US workforce

The effects of artificial intelligence on the U.S. economy “are probably not great at this time,” Federal Reserve Chairman Jerome Powell told senators Wednesday, but the technology is likely to usher in “significant changes” to the labor market in the years ahead. Appearing before the Senate Banking Committee, Powell said it’s an open question how big AI’s impact will be on the economy, and how quickly it will happen. But AI experts have told th…

Fed Chair Powell Says AI Is Coming For Your Job

Federal Reserve Chair Jerome Powell told the U.S. Senate that while AI hasn't yet dramatically impacted the economy or labor market, its transformative effects are inevitable -- though the timeline remains uncertain. The Register reports: Speaking to the US Senate Banking Committee on Wednesday to ...