SF Fed Reserve Chief Mary Daly: A.I. replaces tasks, not people

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The Federal Reserve has also been expected to cut interest rates this year at least once but has yet to do it.

SF Fed Reserve Chief Daly says A.I.

The CEO of the San Francisco Federal Reserve bank gave an upbeat view on artificial intelligence’s impact on jobs, noting that while businesses are still figuring out how to get the most out of the technology, she saw early indications that AI is helping workers more than harming them.

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Article Details

Author / Journalist: Luisa Beltran

Category: EconomyBusiness

Markets: United States

Topics: Unemployment Interest Rates A.I. Donald Trump Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 23:41:26 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 576 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21639364

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 40 posts per day

Year Established: 1929

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News Last Updated: 8 hours ago

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