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AI News from ET - Fed's Warsh says AI investment won't be inflationary, will boost jobs

Vishwadeep Khatri
in AI News & Two Lenses

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Federal Reserve Chairman Kevin Warsh addressed AI's influence on investment prices. He stated that AI-driven investment will not be inflationary in the long run. Warsh believes AI will boost job creation in both short and long terms. However, he acknowledged potential labor market disruptions in the medium term. The Federal Reserve will monitor and manage any inflationary effects.

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