The post Powell Cautiously Monitors AI’s Impact on Jobs and a Bifurcated Economy appeared first on StartupHub.ai.

Federal Reserve Chair Jerome Powell recently articulated a measured yet watchful stance on the emerging economic shifts driven by artificial intelligence, noting that while the full implications are still unfolding, the Fed is “watching AI’s impact on jobs carefully.” Speaking at a press conference following the Federal Open Market Committee’s decision to lower the benchmark […]

The post Powell Cautiously Monitors AI’s Impact on Jobs and a Bifurcated Economy appeared first on StartupHub.ai.