The US Federal Reserve has announced the formation of new task forces aimed at advancing monetary policy, with Xbox CEO Asha Sharma named as an advisor to the Productivity and Jobs task force. This task force will assess the economic impact of emerging technologies like artificial intelligence, an area where Sharma has significant expertise.

Sharma's appointment is notable not only because of her background in AI, having previously served as president of Microsoft's CoreAI, but also because she is the only active CEO among the list of advisors. Her experience in the gaming industry, combined with her knowledge of AI and technology, makes her a valuable asset to the task force.

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  • The Productivity and Jobs task force aims to evaluate the economic effects of new general-purpose technologies, including artificial intelligence.
  • Sharma's role as an advisor will involve providing expertise on the economic impact of AI, drawing from her experience at Microsoft and Xbox.
  • The task force's findings will inform the Federal Reserve's policy judgments, potentially influencing economic decisions that affect the gaming industry and beyond.
  • Sharma's appointment underscores the growing connection between the gaming industry and economic policy, highlighting the need for diverse perspectives in shaping economic decisions.

Source: Game Informer