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  • 2 days ago
The Federal Reserve has selected Xbox CEO Asha Sharma to preside over a task force on employment and productivity, focusing on the impact of AI. This comes right after she oversaw thousands of job cuts, sparking major controversy.
Transcript
00:00Quick question, if you knew someone who had just taken a hatchet to 3,200 jobs across one of the
00:05world's most valuable companies, what would you do?
00:08If you answered, put them in charge of a jobs task force, then congratulations on your appointment to the United
00:15States Federal Reserve.
00:17The Fed has tapped Asha Sharma, the Xbox CEO, who cut 1,600 jobs this week and promised to cut
00:231,600 more to preside over a task force on employment and productivity.
00:28She will assess the economic impact of new general-purpose technologies, including artificial intelligence, to form the Federal Reserve's policy
00:37judgments.
00:38She'll be joined by Stanford Economics Professor Charles I. Jones, currently on leave at Anthropic, and Marc Andreessen, major AI
00:46investor.
00:47Massive job losses and AI boomsters sounds like a match made in heaven.
00:52Check out the full story on pcgamer.com and follow us here for more gaming news.
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