SF Federal Reserve Bank President Mary Daly Said AI Can Boost the Labor Market in Time Exclusive

“Jobs are being created, as well as jobs being replaced. If we can get people to upskill or reskill to take the jobs that are being created, we’ll have a very successful and growing economy. But that’s the burden on us…,” she said. Read the article.

The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.