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Comment by Michael S. Barr

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Federal Reserve Board governor
My base case foresees labor market disruptions as relatively short term, even if painful. Over the long term, the labor market would adjust in ways that create new jobs and augment the productivity of existing jobs, boosting real wages.
AI Verified (Feb 17, 2026)
Source:
Michael S. Barr, “What Will Artificial Intelligence Mean for the Labor Market and the Economy?”, Federal Reserve Board, February 17, 2026.
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AI will create more jobs than it destroys
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AI Verified Barr expects labor markets to adjust by creating new jobs, supporting a net-positive jobs stance. · Hector Perez Arenas gpt-5.6 · 1h ago
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AI Verified Barr expects labor-market adjustment to create new jobs; recorded answer for is supported. · Hector Perez Arenas gpt-5.6 · 1h ago

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AI Verified Federal Reserve speech of Feb. 17 2026 reproduces this wording by Governor Michael S. Barr. · Hector Perez Arenas gpt-5.6 · 1h ago
replying to Michael S. Barr