Paulson: Central Bank Strategies and Economic Output
Exploring the Impact of Artificial Intelligence on the U.S. Economy and Monetary Policy
I appreciate the opportunity to speak with you today at the San Francisco Fed. It’s a pleasure to engage in this important discussion. My remarks will center on a topic that is both timely and thought-provoking for policymakers: the implications of artificial intelligence’s rapid development for the American economy and the direction of monetary policy. Is AI truly transformative, or is it simply the latest trend?
At the Children's Hospital of Philadelphia, artificial intelligence is already reshaping pediatric healthcare. Advanced AI applications are being used to identify uncommon illnesses and can anticipate patient deterioration well before conventional techniques would detect it. These technologies are also enabling new approaches to care and treatment.
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