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The AI Moment? Possibilities, Productivity, and Policy

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  • Mary C. Daly

Abstract

AI adoption and use are still evolving, and the technology itself is changing rapidly. What we know about AI and its impact on productivity growth and the economy remains uncertain. Transformations take time. We need to look for early indicators in the data and in business to get monetary policy right. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Silicon Valley Leadership Group and San Jose State University in San Jose, California, on February 17.

Suggested Citation

  • Mary C. Daly, 2026. "The AI Moment? Possibilities, Productivity, and Policy," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2026(06), pages 1-8, February.
    • Handle: RePEc:fip:fedfel:102797
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    References listed on IDEAS

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    4. Alexander Bick & Adam Blandin & David Deming, 2025. "The State of Generative AI Adoption in 2025," On the Economy 102131, Federal Reserve Bank of St. Louis.
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