Fed Governor Waller Dismisses Fears of AI Destroying the American Job Market

Waller said Tuesday that AI will likely boost productivity rather than destroy jobs. The Fed is adopting a unified approach to the tech with strict oversight.

Federal Reserve Governor Christopher Waller outlined a guarded, system-wide approach to artificial intelligence adoption across the Federal Reserve System during a conference today, stating he does not expect the technology to completely upend the U.S. job market. Speaking at the Federal Reserve Bank of Boston on February 24, 2026, Waller detailed a plan for the central bank to implement AI with specific guardrails and controls across its operations in the US USUS.
Federal Reserve Governor Christopher Waller delivers remarks at a conference at Stanford University’s Hoover Institution in Palo Alto, California, U.S., October 14, 2024. REUTERS/Ann Saphir
Federal Reserve Governor Christopher Waller delivers remarks at a conference at Stanford University’s Hoover Institution in Palo Alto, California, U.S., October 14, 2024. REUTERS/Ann Saphir
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