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Powell: AI Boom Fuels Uneven Growth, Strains Labor Market
Federal Reserve Chairman Jerome Powell states that a massive AI investment boom is creating uneven economic growth, benefiting the wealthy while the job market weakens.
Marcus Thorne is an economics correspondent for Neurozzio, covering central banking, fiscal policy, and the impact of technology on the U.S. and global economies. He specializes in translating complex financial topics for a broad audience.