Don't see lot of displacement from AI, but see less need to hire more: San Francisco Fed's Daly

What happened: San Francisco Fed President Mary Daly said AI is not yet causing much displacement, but it is reducing the need to hire additional people. Why it matters: Daly said this is contributing to slow hiring and is particularly hard on younger workers.

San Francisco Fed President Mary Daly said AI is not yet causing much displacement, but it is reducing the need to hire additional people.

Daly said this is contributing to slow hiring and is particularly hard on younger workers.