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Jerome Powell Deeply Concerned About AI's Effects on Job Market

March 14, 2020 | Futurism AI
Jerome Powell Deeply Concerned About AI's Effects on Job Market
Illustration by Tag Hartman-Simkins / Futurism. Source: Alex Wong / Getty Images If you had a hunch that the economy is in the tubes lately, you’re not alone: Federal Reserve chair Jerome Powell agrees with you. After his long-anticipated Federal Open Market Committee (FOMC) meeting on Wednesday, Powell told reporters that “job creation is very low, and the job-finding rate for people who are unemployed is very low.” Per Fortune magazine, Powell added that