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Fed chief taps Trump ally Marc Andreessen to advise on how AI reshapes work

Federal Reserve Chairman Kevin Warsh is assembling a task force of outsiders and AI proponents to examine how automation reshapes productivity and jobs.

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The brief

Chairman Kevin Warsh has tapped a broad group of outsiders to oversee a review and lead a new Productivity and Jobs task force. Members include Asha Sharma and Marc Andreessen, who share Warsh's embrace of artificial intelligence.

Coverage from Reuters, CNBC, and GamesIndustry.biz emphasizes the inclusion of non-Fed personnel in this oversight role. MarketWatch further highlights a potential collaboration with Walmart to help the Federal Reserve harness real-time U.S. economic data.

Future developments depend on the task force's review of how AI impacts work and whether the integration of real-time data from private entities like Walmart is implemented.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 2h ago.

Quick answers

Who is leading the Federal Reserve's Productivity and Jobs task force?

Asha Sharma is set to co-lead the task force.

What role does Marc Andreessen play in this development?

He is among the outsiders tapped by Chairman Kevin Warsh to advise on how AI reshapes work.

Is the Federal Reserve seeking data from the private sector?

According to MarketWatch, there is a focus on whether Walmart can help the Fed harness real-time U.S. economic data.

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