Governor Waller Urges Policymakers to Embrace AI Disruption and Prepare for Economic Changes
TL;DR Summary
Governor Waller discusses the rapid advancement of AI, its historical context, potential to democratize expertise, impact on jobs and productivity, and the importance of managing risks while fostering innovation to ensure long-term economic growth.
- Speech by Governor Waller on artificial intelligence Federal Reserve Board (.gov)
- Preparing for AI’s economic impact: exploring policy responses Anthropic
- AI takeover: How the Fed's response would impact the economy Axios
- Waller: Policymakers 'must let the disruption occur' in AI American Banker
- AI will cause ’job losses before we really see the new jobs,’ Fed’s Waller says Investing.com
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