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BTCC / BTCC Square / Global Cryptocurrency /
How AI Could Reshape the Economy and the Job Market: Fed Chair Powell’s Perspective

How AI Could Reshape the Economy and the Job Market: Fed Chair Powell’s Perspective

Author:
Global Cryptocurrency
Published:
2025-12-16 22:19:02
19
2
BTCCSquare news:

Federal Reserve Chair Jerome Powell highlighted the dual-edged impact of artificial intelligence on the economy. While AI infrastructure spending is expected to boost business investment and productivity in the NEAR term, the technology may also lead to significant job displacement. Powell emphasized that the Fed is closely monitoring these developments as they could influence wages, corporate profitability, and broader labor market dynamics.

The central banker's remarks underscore the transformative potential of AI, with implications stretching beyond 2026. Market participants should watch for shifts in productivity metrics and employment trends as indicators of AI's long-term economic footprint.

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