Fed’s Cook Sees ‘Substantial’ AI Impact on Labor Markets, Productivity
October 1, 2024
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0:59Now PlayingFed’s Cook Sees ‘Substantial’ AI Impact on Labor Markets, Productivity
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as posted by the channelFederal Reserve Governor Lisa Cook said she sees “growing evidence that AI is poised to have a substantial effect on US and global labor markets,” and anticipates artificial intelligence will drive a pickup in productivity growth. Cook spoke Tuesday at a conference organized by Federal Reserve Banks of Atlanta, Boston, and Richmond.
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