Workers reported saving a substantial number of work hours by using generative artificial intelligence, according to research conducted by the Federal Reserve Bank of St. Louis, along with Vanderbilt and Harvard universities.
Generative artificial intelligence is likely to have a significant impact on graduates as they enter the workforce, though the precise effects remain unclear, a study from the Federal Reserve Board has found.
Federal Reserve Vice Chair Philip Jefferson said artificial intelligence tools may help with the transmission of monetary policy, but cautioned about the limits of the technology.
The top cop at the Federal Reserve speaks out on possible herding behavior, with economic "gains being realized only by a small group."
Attackers use caller ID spoofing and AI voices to steal money. Tech expert Kurt “CyberGuy" Knutsson provides seven ways to protect yourself.
Artificial Intelligencecategory· February 21, 2025 Fed's Jefferson says AI is speeding investors ... describing their policy actions, Federal Reserve Vice Chair Philip Jefferson said on Friday ...
The Federal Reserve's Vice Chair for Supervision, Michael Barr, said that AI's attractive traits present major risks. He signaled toward potential large-scale
US stocks failed to make headway higher amid ongoing inflation, tariff and economic worries. Nvidia earnings and inflation data are due this week.
The research showed time savings are highly correlated with certain occupations. Read more at straitstimes.com.
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