As Treasury Secretary Janet Yellen balances the needs of a fragile economy, she is cautiously optimistic that the explosion of AI could supercharge productivity—a key metric that has plunged over the last year.
Speaking at the Fortune CEO Initiative conference on Tuesday, Yellen said that she is no expert on the technology, but still understands its potential impact. "The progress in this area is unbelievably rapid, and it could make a significant difference" in boosting the economy's productivity, she said.
