Federal Reserve Chair Kevin Warsh said the United States is likely to be a "big winner" from artificial intelligence, describing the technology as a structural shift in the global economy.
Speaking during an European Central Bank summit in Sintra, Portugal, Warsh said AI represents a "paradigm shift" for both economic policy and business activity. He added that the world is still in the early phase of the transformation, which he described as being in the "first or second inning,'' reported ABC News.
