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Two Fed officials don't see major upheavel from artificial intelligence

ReutersFeb 24, 2026 9:11 PM

- Two Federal Reserve officials on Tuesday said they do not expect artificial intelligence technology to drive a massive upheaval in the economy.

“I am, I would say a cautious optimist in this space,” Federal Reserve Bank of Boston President Susan Collins said at a conference held by her bank. She said workers so far appear to be enhanced by AI rather than displaced, in a view echoed by Richmond Fed President Thomas Barkin, who spoke on the same panel.

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