Fed's Barkin Says Do Not Think AI Is What Is Currently Driving Productivity As Much As Adaptation To The Labor Shortages That Began During The Pandemic
https://x.com/CNBC/status/2118344956343730405?s=20
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Why It Matters
A top Fed official says that right now, companies are getting more done by adapting to worker shortages rather than using AI. This means the economy's recent strength may come from smarter work habits, not just new technology yet.
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