The Impact of Artificial Intelligence on the Labor Force

I'm not worried that AI is going to replace all humans. What I'm thoughtful about though is how is the economy positioned in a sustainable place so that it can absorb the workers who want different jobs because they no longer have to do the ones that technology can do effectively. As Mary said, none of this works unless they get inflation down to 2%. The Fed's toolkit is really blunt and it has a blunt impact, like a sledgehammer almost. Things are getting better, but the path is long and bumpy as we talked about wage stability in context of inflation.