Fed Chair Kevin Warsh Says AI Risk Decisions Should Be Left to Other Policymakers

Fed Chair Kevin Warsh said the Federal Reserve is closely watching developments in artificial intelligence and their effects on supply and demand, but decisions on AI safety risks and benefits should be made by other policymakers. According to Odaily, Warsh also said the Fed does not need to harm the labor market to achieve its policy goals, and that its current and future focus is to ensure price stability to support sustainable economic growth.