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'Spectacular' AI growth is creating a serious labor market problem for Fed, Jefferies' David Zervos warns
['Alexa Lomonaco Stephanie Landsman', 'Alexa Lomonaco', 'Stephanie Landsman']
US Top News and Analysis
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the jobs market.
"We could actually have a pretty strong growth economy.
Your AI story... [is] something really pretty spectacular.
"Imagine a world maybe where we're [the economy] growing at three and a half or four [percent.]
"The smartest AI guys I know, the guys who have made the money in the largest amounts, and you know them.
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