Congresswoman Salazar takes up labor force projections and artificial intelligence productivity with Federal Reserve Chairman at House hearing

Florida Congresswoman María Salazar discusses labor force projections and artificial intelligence productivity gains over the next ten years, that many things could happen including big increases in productivity which would mean fewer workers were needed, with Federal Reserve Chairman Jerome Powell commenting that he would not count on AI creating widespread productivity gains, and that such enhancements typically took longer to implement and show results at a House Financial Services Committee semiannual review of monetary policy.