Michael S. Barr

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Federal Reserve Board governor

Speaks on: AI Economics Future Of Work Impact On Labor Policy

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ai (1) economics (1) future-of-work (1) impact-on-labor (1) policy (1)

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AI will create more jobs than it destroys

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AI-centric start-ups with radically new business models displace firms that are unable to adapt, and layoffs soar, leading to widespread unemployment in the short run and declines in labor force participation over time, as a large share of the popula...
more AI Verified source (2026-02-17)

added 1mo ago