Published Nov 12, 2026, 10:00 AM ET · Updated a day ago · 2 sources

Fed’s Barr Warns AI Without Guardrails Risks Widening Inequality

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Fed’s Barr Warns AI Without Guardrails Risks Widening Inequality

Federal Reserve Governor Michael Barr warned the rapid adoption of artificial intelligence risks deepening inequality in the near term, and policymakers need to be ready for the possibility of serious short-term disruptions in the job market.