Fed’s Goolsbee: AI success would be ‘lovely,’ but Fed would still need to watch for overheating

WASHINGTON, May 6: Even if artificial intelligence is as transformative as advertised the U. S. Federal Reserve would still need to watch for rising inflation, Chicago Fed President Austan Goolsbee said on Wednesday.”If it’s as good as advertised, it would be lovely, wonderful, it will make us rich,” Goolsbee

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