Two Fed officials don't see major upheavel from artificial intelligence

Core Viewpoint - Two Federal Reserve officials believe that artificial intelligence (AI) will not cause significant upheaval in the economy, suggesting a cautious optimism regarding its impact on the workforce [1]. Group 1: Federal Reserve Officials' Perspectives - Federal Reserve Bank of Boston President Susan Collins stated that workers appear to be enhanced by AI rather than displaced, indicating a positive outlook on AI's role in the labor market [1]. - Richmond Fed President Thomas Barkin echoed Collins' sentiment, reinforcing the view that AI is not expected to lead to major disruptions in employment [1].