Report
Fed Chair Kevin Warsh calls AI the 'most consequential change' to US and global economies in his lifetime
The Economic Times reports Warsh cautioned that AI's near-term impact on employment remains uncertain.
TLDR
Speaking with IMF chief Kristalina Georgieva, Warsh described AI as the most consequential change to the US and global economies in his lifetime, The Economic Times reports. He cautioned that its near-term effect on employment remains uncertain and also flagged global investment growth, rising prices and the Fed's commitment to price stability.
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