If that assessment, made by a top Federal Reserve official and other thinkers at a high-profile conference Friday, proves correct, it would mean higher growth, rising incomes, less inflation - even as there's churn in the labor market as some tasks become automated.
There's no technology I'm aware of that ever reduced employment on net," Mary Daly, president of the San Francisco Fed, said at the University of Chicago Booth Monetary Policy Forum.
#ai-impact-on-economy #workplace-transformation #labor-market-disruption #technological-advancements
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