🛸 CASE FILE #167
The Fed Just Created an AI Task Force.
Fed Chair Kevin Warsh says a dedicated task force is studying how AI could reshape productivity, jobs and the economy, with findings expected by year-end.
Asked about warnings from Elon Musk, Sam Altman and Dario Amodei, Warsh drew a line: AI safety policy belongs to "other parts of the government." The Fed will focus on how AI affects its inflation and employment mandates.
Washington debates whether to slow AI. The Fed is preparing for what AI does to the economy.
The Fed Just Created an AI Task Force.
Fed Chair Kevin Warsh says a dedicated task force is studying how AI could reshape productivity, jobs and the economy, with findings expected by year-end.
Asked about warnings from Elon Musk, Sam Altman and Dario Amodei, Warsh drew a line: AI safety policy belongs to "other parts of the government." The Fed will focus on how AI affects its inflation and employment mandates.
Washington debates whether to slow AI. The Fed is preparing for what AI does to the economy.