Hello. Today, I’m writing from Deer Valley, Utah, where Fortune is holding its Brainstorm Tech conference. AI has, unsurprisingly, been a major theme of the event. Here’s a recap of some of the key AI tidbits so far:
On Monday, my colleague Emma Hinchliffe interviewed San Francisco Federal Reserve President Mary Daly, who said generative AI’s impact on the labor market will depend on what we do with the technology. Daly said we should expect generative AI to contribute to at least average productivity growth, which is currently 1.5% annually.
