Fed's Tom Barkin, a former McKinsey CFO, says the AI Apocalypse' hasn't arrived

The Richmond Fed president says companies are investing heavily in AI to boost productivity, but strong earnings are keeping them from making deep cuts to their workforces.

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2026-09-25 13:05 · Fortune AI
Fed's Tom Barkin, a former McKinsey CFO, says the AI Apocalypse' hasn't arrived

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