Search results for "Tech Spending"

policy: The Fed confronts a powerful new economic force: Artificial

The Federal Reserve has rapidly escalated its focus on artificial intelligence, moving from near-ignoring the technology to intensely debating its profound economic implications on jobs, growth, and inflation. Fed Chair Kevin Warsh highlighted AI as a "hinge point" for the economy, amidst concerns about a potential AI bubble and whether massive tech spending is exacerbating current price spirals.