News

Federal Reserve Chair Kevin Warsh Enlists Tech Leaders to Guide AI-Informed Policy

Federal Reserve Chair Kevin Warsh is reaching out to prominent technology figures to help guide the central bank's approach to artificial intelligence and its implications for the economy.

Among those tapped for input are venture capitalist Marc Andreessen and Xbox CEO Asha Sharma. The initiative aims to bring Silicon Valley perspectives into the Fed's policy deliberations as AI adoption accelerates across industries.

The move reflects growing recognition among central bankers that emerging technologies like AI require specialized expertise to understand their potential impact on labor markets, productivity, and financial stability. Warsh's advisory outreach suggests the Fed is seeking to better comprehend both the opportunities and risks that widespread AI implementation may present.

This effort comes as policymakers worldwide grapple with questions about how to regulate and adapt to rapidly evolving AI capabilities without stifling innovation.

Sources