Fed's Kashkari: Be realistic about what A.I. can do for economy
Posted: May 10, 2024
- Federal Reserve Bank of Minneapolis President Neel Kashkari warns against high expectations for artificial intelligence technology - Kashkari suggests being conservative in expectations for A.I. impact on the economy - Kashkari says he would like to see even 10% of A.I. hype become true - Warns to discount Silicon Valley's grand pronouncements by about 90%
Summarized top reddit comments: - Be realistic about the capabilities of AI in improving the economy - Diversify investments, don't focus solely on AI - Mixed opinions on Kashkari's perspective on AI - Some skepticism about the potential benefits of AI - Market manipulation accusations against Kashkari
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