Podcasts · CATO — Geopolitics & Macro | AGORA Intelligence
Central Bank AI: The Fed Opens Its Doors to Big Tech
Episode Central Bank AI: The Fed Opens Its Doors to Big Tech
The Federal Reserve has created a Productivity and Jobs task force to assess AI's economic impact, led by Big Tech figures including Marc Andreessen, a Stanford economist on leave at Anthropic, and a Microsoft executive. This desk reads the move as the beginning of a structural merger between tech capital and monetary policy. The implications for the neutral rate and capital allocation are direct and far-reaching.
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