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Fed's Daly Reveals Her Bullishness for AI-Driven Productivity

By Christopher Condon
From Bloomberg Business

Fed's Daly Reveals Her Bullishness for AI-Driven Productivity

Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair Alan Greenspan identify the last great surge in US productivity. She's starting to think it's happening again, driven this time by artificial intelligence.

"We're seeing it everywhere," Daly, now president of the San Francisco Fed, said about companies putting AI to work, in an interview for Bloomberg's Odd Lots podcast with Joe Weisenthal and Tracy Alloway.

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