Search Results
Texas firms open to AI as tariff work-around strategy
Firms are adopting AI and automation to offset rising tariff costs and shrinking margins, aiming to boost productivity and reduce labor needs amid economic challenges.
Will AI replace your job? Perhaps not in the next decade
Recent rapid improvements in the capabilities of artificial intelligence have raised concerns about these technologies' impact on employment. The ultimate effects of AI on the workforce will depend on the extent to which AI augments (or complements) rather than automates (or substitutes for) workers' tasks. Will this new technology aid workers or replace them?
Why AI Advancements May Push Some Workers Out of the Labor Force
A simple economic model provides a way to think about the potential effects of AI improvements in the long run. These possible effects include making some forms of labor obsolete.
Journal Article
The AI Moment? Possibilities, Productivity, and Policy
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.
Speech
The U.S. Economy in a Time of Policy and Meta-Policy Change
In-person keynote presentation for the 62nd Annual Arizona State University/PNC Bank Economic Forecast Luncheon, delivered by Kartik Athreya, Director of Research and Head of the Research and Statistics Group, Federal Reserve Bank of New York.
Speech
The AI Moment? Possibilities, Productivity, and Policy
Speech to the Silicon Valley Leadership Group, San Jose, California, February 17, 2026, 11:30 a.m. PT, by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
Speech
Risk Management in a Complex and Interconnected World
Keynote Remarks at the XLoD Global – New York Conference, New York City.
Newsletter
AI and the Future of Work: Opportunity or Threat?
This article describes how AI works and how it could impact industries, create new opportunities, and transform job tasks across skill levels.
Discussion Paper
Combining AI and Established Methods for Historical Document Analysis
This paper examines methodological approaches for extracting structured data from large-scale historical document archives, comparing “hyperspecialized” versus “adaptive modular” strategies. Using 56 years of Philadelphia property deeds as a case study, we show the benefits of the adaptive modular approach leveraging optical character recognition (OCR), full-text search, and frontier large language models (LLMs) to identify deeds containing specific restrictive use language— achieving 98% precision and 90–98% recall. Our adaptive modular methodology enables analysis of ...
Advances in AI will boost productivity, living standards over time
Artificial intelligence offers the potential to improve people’s living standards. Such advances can be approximated by changes in GDP per capita over time. Using that common measure, AI could enhance longstanding productivity gains or, alternatively, drastically alter the economy in relatively short order.