Fed Member Warns AI Could Hit Inflation
A Federal Reserve member has warned about the dangers artificial intelligence poses to inflation. Inflation is the steady rise in prices, which affects what everyday goods and services cost.
Quick glossaryFederal Reserve, inflation
- Federal Reserve
- The central bank of the United States, which sets interest rates and guides the country's money supply.
- inflation
- The steady rise in prices over time, which means your money buys less than it did before.
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