Federal Reserve Chair Walsh said artificial intelligence is likely to affect the demand side of the economy before any impact is felt on the supply side. The remark was carried by ChainCatcher in a policy and regulation news brief. No additional details were provided in the source note beyond Walsh’s statement on the sequencing of AI’s economic effects. The item frames AI as a factor that could show up first through demand-side changes, with supply-side effects coming later.
According to ChainCatcher, Federal Reserve Chair Walsh said artificial intelligence will affect the demand side of the economy before it impacts supply.
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