The Federal Reserve, led by Chair Kevin Warsh, has formed five task forces comprising economists and business leaders to propose operational changes. These groups will explore AI's impact on productivity and jobs, and evaluate the central bank's data sources, aiming to enhance analytical tools and policy strategies.
Federal Reserve Chairman Kevin Warsh announced the members of five task forces aimed at reviewing the institution's operations, including communications, data, balance sheet policy, productivity and jobs, and inflation frameworks. The diverse group includes prominent Wall Street names, business leaders, academicians, and former Fed officials.
Federal Reserve Chairman Kevin Warsh has initiated a comprehensive review of the Fed's monetary policy framework, establishing five task forces to examine all aspects of policy setting, from communication and data analysis to inflation views and the balance sheet. This ambitious endeavor aims to ensure the Fed is "fit for purpose, and focused on the future."
Google CEO Sundar Pichai announced that 75% of all new code at Google is now AI-generated, up from 50% six months ago. The company is transitioning to agentic workflows where engineers orchestrate autonomous digital task forces. Human engineers remain gatekeepers, reviewing and approving every line of AI-generated code. A complex code migration was completed six times faster with AI agents than with engineers alone. The announcement was made at Google's Cloud Next 2026 conference in Las Vegas.
