{"id":53515,"date":"2026-06-01T10:04:04","date_gmt":"2026-06-01T02:04:04","guid":{"rendered":"https:\/\/www.1ai.net\/?p=53515"},"modified":"2026-06-01T10:04:04","modified_gmt":"2026-06-01T02:04:04","slug":"%e7%ba%bd%e7%ba%a6%e8%81%94%e5%82%a8%e4%b8%bb%e5%b8%ad%ef%bc%9aai-%e6%ad%a3%e5%9c%a8%e6%94%b9%e5%8f%98%e5%b7%a5%e4%bd%9c%ef%bc%8c%e4%bd%86%e7%bb%8f%e6%b5%8e%e5%ad%a6%e5%ae%b6%e5%b2%97%e4%bd%8d","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/53515.html","title":{"rendered":"CHAIRMAN OF THE FEDERAL RESERVE IN NEW YORK: AI IS CHANGING HIS JOB, BUT THE ECONOMIST IS STILL SAFE"},"content":{"rendered":"<p>On June 1st, according to Bloomberg, at the annual conference on economics in Reykjavik, Iceland<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e7%ba%bd%e7%ba%a6\" title=\"[Sees articles with labels]\" target=\"_blank\" >New York<\/a>Federal Reserve Chairman John Williams vs <a href=\"https:\/\/www.1ai.net\/en\/tag\/ai\" title=\"[View articles tagged with [AI]]\" target=\"_blank\" >AI<\/a> Concerns about the impact on employment were clearly answered and became the most optimistic Fed official at the current meeting\u3002<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-53516\" title=\"5958dc4dj00tfxka9001ed000uk0m\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2026\/06\/5958dc4dj00tfxka9001ed000u000k0m.jpg\" alt=\"5958dc4dj00tfxka9001ed000uk0m\" width=\"1080\" height=\"720\" \/><\/p>\n<p>WILLIAMS, WITH A \"MACROECONOMICIST'S DEMAND IS STILL STRONG\" LAUGHTER, GOES ON TO STATE HIS CORE JUDGMENT: AI'S PRODUCTIVITY GAINS WILL NOT LEAD TO LONG-TERM STRUCTURAL UNEMPLOYMENT\u3002<\/p>\n<p>History has taught us that productivity can rise and living standards can rise, without creating structural unemployment. I do not believe that we will face long-term structural unemployment\u3002<\/p>\n<p>IN HIS VIEW, AI COULD ACCELERATE DATA PROCESSING AND PRELIMINARY ANALYSIS, BUT ECONOMIC JUDGEMENT STILL NEEDED TO IDENTIFY CAUSALITY, UNDERSTAND THE INSTITUTIONAL CONTEXT AND PLACE MODEL FINDINGS IN THE POLICY CONTEXT\u3002<\/p>\n<p>AT THE SAME TIME, HE NOTED THAT THE MAIN PATH OF ADJUSTMENT IN THE LABOUR MARKET WAS RETRAINING AND SKILLS UPGRADING, RATHER THAN MASS LAYOFFS. IN PARTICULAR, HE NOTED THAT CURRENT GRADUATES OF INSTITUTIONS OF HIGHER EDUCATION HAD GENERALLY INTEGRATED AI TOOLS INTO THEIR DAILY WORK AND THAT THE CURRENT GENERATION OF THE LABOUR FORCE WAS AHEAD OF ITS PREDECESSORS IN TERMS OF ADAPTIVE CAPACITY\u3002<\/p>\n<p>PEOPLE WHO WERE RECRUITED OUTSIDE THE CAMPUS TODAY ARE ALREADY USING THE AI TOOL EVERY DAY\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>ON 1 JUNE, ACCORDING TO BLOOMBERG, AT THE ANNUAL CONFERENCE ON ECONOMICS IN REYKJAVIK, ICELAND, FEDERAL RESERVE CHAIRMAN JOHN WILLIAMS OF NEW YORK GAVE A CLEAR RESPONSE TO AI'S CONCERNS ABOUT EMPLOYMENT SHOCKS, BECOMING THE MOST OPTIMISTIC FED OFFICIAL IN THE MEETING. WILLIAMS STARTED WITH A \"MACROLOGIST'S NEEDS ARE STILL STRONG\" LAUGHTER, AND THEN SET OUT HIS CORE JUDGMENT: AI'S PRODUCTIVITY GAINS DO NOT LEAD TO LONG-TERM STRUCTURAL UNEMPLOYMENT. HISTORY HAS TAUGHT US THAT PRODUCTIVITY CAN RISE AND LIVING STANDARDS CAN RISE, WITHOUT CREATING STRUCTURAL UNEMPLOYMENT. I DO NOT BELIEVE THAT WE WILL FACE LONG-TERM STRUCTURAL UNEMPLOYMENT. IN HIS VIEW, AI COULD ACCELERATE DATA PROCESSING AND PRELIMINARY ANALYSIS, BUT ECONOMIC JUDGEMENT STILL NEEDED TO IDENTIFY CAUSALITY, UNDERSTAND THE INSTITUTIONAL CONTEXT AND MODEL CONCLUSIONS<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[411,8568],"collection":[],"class_list":["post-53515","post","type-post","status-publish","format-standard","hentry","category-news","tag-ai","tag-8568"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/53515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=53515"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/53515\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=53515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=53515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=53515"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=53515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}