AI TRENDS | New York Fed President John C. Williams Expects Continued AI Investment, Says Policy Depends on Data

New York Fed President John C. Williams said he expects continued strong investment in artificial intelligence and described risks in the labor market as relatively balanced. According to Odaily, Williams said recent views on inflation have become more positive due to energy prices. He added that the direction of monetary policy will depend on data and risks, and said the Federal Reserve is prepared to achieve its goals.