Search

    Language Settings
    Select Website Language

    GDPR Compliance

    We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

    dailyadda
    dailyadda

    Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term

    1 day ago

    Federal Reserve Governor Lisa Cook warned that AI is causing a significant reorganization of work, potentially leading to higher unemployment and complicating the Fed's ability to cut interest rates. She noted that job displacement may precede creation, and traditional monetary policy might struggle to address AI-induced unemployment without fueling inflation.
    Click here to Read More
    Previous Article
    US announces duties on Indian solar imports; stocks of Waaree Energies, Premier drop up to 15%
    Next Article
    Gold price prediction today: Will gold, silver be able to hold on to gains this week? Here's the outlook

    Related Business Updates:

    Are you sure? You want to delete this comment..! Remove Cancel

    Comments (0)

      Leave a comment