AIQuiet 11d · day 11
Federal Reserve Chair Warsh says central bank monitoring AI developments closely
Fed Chair Kevin Warsh signals the central bank is tracking rapid advances in artificial intelligence as a matter of regulatory concern.
What to know
- Federal Reserve Chair Kevin Warsh confirmed the central bank is actively monitoring artificial intelligence developments.
- The statement signals potential regulatory interest in AI as the sector continues rapid growth.
- Warsh made the comments following a quarter-point interest rate increase by the Federal Open Market Committee.
Kevin Warsh Federal Reserve Chair
How it unfolded 1 development · click the chart to see its coverage articles
Sep 17Sep 18Sep 19Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25yesterdaynow · 9:47 PM ET
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Warsh signals Fed monitoring AI as regulatory priority
Federal Reserve Chair Kevin Warsh told reporters the central bank is keeping close tabs on rapidly developing artificial intelligence models, stating the Fed cares "very much about what's happening in artificial intelligence." The statement came after the Federal Open Market Committee raised interest rates by a quarter point.
“We care very much about what's happening in artificial intelligence…”
— Kevin Warsh -
first by The Hill, 11d ago
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