Federal Reserve Chair Jerome Powell's Insights on Generative Artificial Intelligence
Tuesday, 2 July 2024, 20:46
Federal Reserve Chair Jerome Powell on Generative AI
Federal Reserve chair Jerome Powell addressed the implications of generative artificial intelligence at a recent central bank event.
Insights on AI Impact
- Understanding Effects: Powell emphasized the importance of comprehending AI's influence on economic decisions.
- Cautious Approach: The central bank is taking a careful stance on adopting AI technologies.
- Future Implications: The discussion has significant ramifications for monetary policy and financial markets.
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