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Live Updates  >  Live Update Details

2026-02-18 01:51:27

Federal Reserve Governor Barr stated that, as things stand, there is virtually no evidence that the development of artificial intelligence is causing unemployment to rise. However, we should prepare in advance for potential disruptions to the labor market caused by AI. Furthermore, Barr pointed out that the AI boom is unlikely to prompt the Federal Reserve to cut interest rates, and from a long-term perspective, AI is expected to effectively improve social productivity and people's living standards.

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