Fed's Warsh says AI investment won't be inflationary, will boost jobs
Federal Reserve Chairman Kevin Warsh addressed AI's influence on investment prices. He stated that AI-driven investment will not be inflationary in the long run. Warsh believes AI will boost job creation in both short and long terms. However, he acknowledged potential labor market disruptions in the
The Bharath News1 min readSource: ET Jobs
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Federal Reserve Chairman Kevin Warsh addressed AI's influence on investment prices. He stated that AI-driven investment will not be inflationary in the long run. Warsh believes AI will boost job creation in both short and long terms. However, he acknowledged potential labor market disruptions in the medium term. The Federal Reserve will monitor and manage any inflationary effects.
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