Governor at Fed Cautiously Optimistic About Generative AI

Lisa D. Cook Foresees 'Broad Benefits' If We Address the 'Very Real Concerns'
Federal Reserve Board Governor Lisa D. Cook is cautiously optimistic about the impact of generative AI on jobs and productivity but urged the industry to address the "very real concerns." While she sees "broad benefits from its use, in the short term, she said, AI could disrupt the labor market.

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