Artificial Intelligence and the Labor Market: A Scenario-Based Approach
Speech by Michael S. Barr, Governor (Board of Governors of the Federal Reserve System). A speech or remarks are the speaker’s, not the Board of Governors of the Federal Reserve System’s policy unless its own text says so. Dated 2025-05-09. Occasion: Reykjavík Economic Conference 2025, Central Bank of Iceland, Reykjavík, Iceland.
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- Artificial Intelligence and the Labor Market: A Scenario-Based Approach Board of Governors of the Federal Reserve System · published 2025-05-09 · Retrieved for the candidate pack on 2026-11-02 (SHA-256 d10adc7ead55456ec3fe3f31307cbb4f27201056de1467152c3b3de39726695e). Retrieved again at admission on 2026-11-06 (SHA-256 848459416bd523edfe3e2c1ee45ba4697aeced72444008614a98b92a6abb24b7; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02
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- AI and money: what central banks and financial authorities have said, 1997–2026 →1 record on this document
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- AI’s economic effects matter for monetary policyIn a speech of 9 May 2025, Michael S. Barr, Governor of the Federal Reserve Board, said that AI may require monetary policymakers to reassess their estimates of the natural rate of unemployment (u*) and that a permanently higher productivity growth rate of the kind that might arise from AI tends to raise the neutral interest rate (r*).2025-05-09 · event · Stated in source · Supported Inspect claim & evidence ↗AI’s economic effects matter for monetary policy: propositions page →
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