Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs
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The Federal Reserve named Xbox CEO Asha Sharma to a task force studying AI’s impact on jobs and productivity. Sharma joins Marc Andreessen and Stanford economist Charles I. Jones on the Productivity and Jobs group. The appointment follows Xbox’s announcement that it will cut 3,200 roles as part of a major restructuring. Days after announcing the largest restructuring in Xbox history, CEO Asha Sharma has joined a Federal Reserve task force examining how artificial intelligence and other emerging technologies could reshape jobs, productivity, and the broader economy. On Thursday, the Federal Reserve said that Sharma will serve on its Productivity and Jobs task force, which will study the economic impact of new general-purpose technologies, including AI, as part of the central bank’s approach to monetary policy. Sharma, who previously worked in Microsoft’s Core AI group before taking over Xbox, joins Marc Andreessen, co-founder and general partner at Andreessen Horowitz, and Charles I. Jones, a Stanford University economics professor currently on leave at Anthropic.
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