Journal Article
The AI Moment? Possibilities, Productivity, and Policy
Abstract: AI adoption and use are still evolving, and the technology itself is changing rapidly. What we know about AI and its impact on productivity growth and the economy remains uncertain. Transformations take time. We need to look for early indicators in the data and in business to get monetary policy right. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Silicon Valley Leadership Group and San Jose State University in San Jose, California, on February 17.
Access Documents
File(s):
File format is application/pdf
https://www.frbsf.org/wp-content/uploads/el2026-06.pdf
Description: PDF - view
File(s):
File format is text/html
https://www.frbsf.org/research-and-insights/publications/economic-letter/2026/02/ai-moment-possibilities-productivity-policy/?utm_source=mailchimp&utm_medium=email&utm_campaign=economic-letter-2026-06#mary-c-daly
Description: FRBSF - view
Authors
Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2026-02-23
Volume: 2026
Issue: 06
Pages: 8