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Fed Chair Jerome Powell says that AI isn't the main source of labor market woes — here's what is
At least, not yet. While Fed Chairman Jerome Powell has previously warned about AI, saying in June that it has the "potential ...
Jerome Powell says that while the job creation is slowing "broadly," AI is also likely affecting the job market.
Spending] may well be skewed toward higher-earning consumers,” Powell said. “There’s a lot of anecdotal evidence to suggest ...
Researchers at GWUniversity built an AI simulation of Federal Reserve committee meetings, showing political pressure ...
The July jobs report showed payroll growth slowed to just 35,000 jobs per month from May through July, while the unemployment rate rose to 4.2%. The cause is being debated, and a new analysis from ...
Federal Reserve Chair Jerome Powell answers questions following the central bank's decision to lower interest rates by 25 ...
In a press conference on Wednesday, Fed Chair Jerome Powell was asked whether he thinks AI has any effect on this trend.
As U.S. unemployment rose to 4.3% in August, surveys show 89% of workers fear job loss from AI, with calls for transparency ...
The S&P 500 and Nasdaq reached record highs thanks to Oracle's stock surge, driven by demand from AI companies. A cooler ...
Many people worry that AI is going to take their job. But a recent survey conducted by the Federal Reserve Bank of New York ...
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