Fed Chair Jerome Powell says that AI isn't the main source of labor market woes — here's what is
NeutralFinancial Markets

Fed Chairman Jerome Powell recently addressed the ongoing challenges in the labor market, clarifying that artificial intelligence is not the primary culprit behind employment issues. Instead, he highlighted other significant factors that are influencing job availability and economic stability. This discussion is crucial as it helps to shift the narrative around AI's role in the workforce, allowing for a more nuanced understanding of the complexities affecting employment today.
— Curated by the World Pulse Now AI Editorial System