15 articles tagged
Former Commerce Secretary Gina Raimondo warns of a looming AI-driven job crisis and proposes a national strategy uniting business and government to retrain the workforce.
A new economic theory suggests an AI-driven productivity boom could allow the Federal Reserve to cut interest rates without stoking inflation, a view championed by potential Fed chair nominee Kevin M.
European leaders are openly acknowledging a severe economic crisis fueled by slow growth and a regulatory environment that many feel is stifling innovation.
Political strategists warn that AI-driven job displacement is set to become the defining issue of the 2028 U.S. election, creating a new economic battleground.
A massive surge in AI investment, nearing trillions of dollars, is fueling the U.S. economy but also raising fears of a speculative bubble similar to the dotcom era.
Economists predict AI could drive inflation below 2% by boosting productivity, but this efficiency comes at the cost of significant white-collar job displacement.
Economists and policy experts are developing a range of government responses to manage the potential economic impact of artificial intelligence on the workforce.
Economic analysis suggests the U.S. economy's stability is heavily dependent on the AI boom, which is masking weakness in other key sectors like manufacturing.
Minneapolis Fed President Neel Kashkari warns that heavy investment in AI data centers could raise borrowing costs, while also expressing skepticism about rapid AI-driven job loss.
A booming artificial intelligence sector is driving positive US economic indicators, creating a two-track economy that masks challenges faced by traditional industries.
Research suggests Gen X is more financially vulnerable to AI-driven job loss than Baby Boomers due to weaker safety nets like pensions and higher debt levels.
The U.S. government is actively intervening in the private sector, negotiating deals and taking equity stakes in companies across 30 key industries to secure supply chains.
