The Fed Chair Says AI Is Moving Faster Than Even Its Believers Predicted
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Federal Reserve Chair Kevin Warsh used his Jackson Hole platform on August 28, 2026, to say something the central bank has resisted saying out loud. Artificial intelligence may belong alongside labor, capital, and land in the models economists use to think about growth.
That reframing matters because the Fed sets interest rates based on assumptions about how much the economy can pro
Federal Reserve Chair Kevin Warsh used his Jackson Hole platform on August 28, 2026, to say something the central bank has resisted saying out loud. Artificial intelligence may belong alongside labor, capital, and land in the models economists use to think about growth.
That reframing matters because the Fed sets interest rates based on assumptions about how much the economy can pro
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