Federal Reserve chair Kevin Warsh has assembled a high-profile group of AI advocates to help evaluate how artificial intelligence could reshape the U.S. economy and influence future monetary policy. The Federal Reserve unveiled five external task forces, including one focused on assessing the economic impact of emerging technologies such as artificial intelligence. The AI task force will be led by venture capitalist Marc Andreessen and includes Stanford economist Charles I. Jones and newly appointed Microsoft gaming division CEO Asha Sharma. Warsh has argued that AI could allow the U.S. economy to grow faster without triggering inflation and could eventually support lower interest rates. The other four task forces will address communications, balance sheet policy, data, and inflation frameworks, each led by prominent economists and former central bank officials.
Microsoft CorporationMicrosoft's gaming division CEO Asha Sharma appointed to Fed AI task force, signaling potential influence on AI policy and positive exposure for Microsoft's AI efforts.
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