Key facts
- Fed Chair Kevin Warsh will attend a November 16 hearing on AI's economic impact.
- The hearing will focus on productivity and jobs.
- Warsh seeks to refine his views on AI's effect on price stability and employment.
Federal Reserve Chair Kevin Warsh announced he will attend a November 16 field hearing of the central bank's productivity and jobs task force. The event, to be held in the San Francisco Bay Area, aims to gather insights from a diverse group on the impact of technology and productivity, particularly artificial intelligence, on the economy. Warsh expressed keen interest in refining his own views on whether AI will spur a "productivity miracle" or lead to slower growth, and its implications for achieving price stability and employment in the near, medium, and long term.