Fed's Goolsbee: AI-Driven Spending May Overheat
Fed's Goolsbee expresses concern that spending based on anticipated future productivity gains from AI could lead to overheating and potential inflationary pressure
Fed's Goolsbee Speaking On CNBC Says In A World Where Future Productivity Gains From AI Are Factored Into Stock Values, And People Start Spending On That Basis, That Can Overheat; Spending Now Counting On Future Gains Makes Me Nervous About Potential Inflationary Pressure