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Fed’s Kashkari Says AI Not Only Driver of US Economic Growth

Source: Bloomberg

Artificial IntelligenceEconomic DataInfrastructure & DefenseMonetary Policy

Minneapolis Fed President Neel Kashkari said he is skeptical that the US economy is contracting except for an artificial-intelligence-driven construction boom. His comments challenge a narrow interpretation of economic weakness and highlight uncertainty over AI-related investment's role in overall growth.

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