AI-induced anxiety is everywhere: from laborers worried about losing their jobs to investors warning of the risk of financial bubbles. Now, AI is also beginning to dominate discussions at the Federal Reserve. The minutes of the Bank of America's most recent policy meeting show that when policymakers think about almost any direction of the economy, the importance of this technology is becoming more and more prominent. In the 15 paragraphs where officials discussed the current economic situation and economic outlook, AI was mentioned no less than 18 times. Monetary Policy Analytics economist Derek Tang said that discussions on AI are not only lengthy, but also very wide-ranging. AI is now influencing them from different angles, including forecasting inflation, forecasting employment, and financial stability. Now it seems like AI is ubiquitous.

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