Fed Chair Powell Cautions Against Calling AI the Most Disruptive Force

Jerome Powell stated it is premature to label artificial intelligence as the most disruptive force in modern U.S. history.

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Terms & Concepts
  • Artificial Intelligence (AI): The simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction.
  • Disruptive Technology: An innovation that significantly alters or replaces existing technologies, products, or services, potentially transforming industries and society.