Jakarta, CNBC Indonesia - Recently, concerns have emerged that\nartificial intelligence (AI) will replace human roles in the workplace.\nHowever, a US central bank official has expressed a different view.<\/p>\n
Federal Reserve Governor Christopher Waller affirmed that the\nadoption of AI will not completely disrupt the US labour market.<\/p>\n
\u201cI am not a pessimist and exaggerating\u201d about the economic impact of\nAI, said Waller at a conference held by the Federal Reserve Bank of\nBoston, quoted by Reuters, Wednesday (25\/2\/2026).<\/p>\n
\u201cI don\u2019t think you will ever completely take humans out of the\npicture and AI will do everything and we will end up working at a\nMcDonald\u2019s drive-through,\u201d he added.<\/p>\n
According to Waller, AI is just a tool that can be used to improve\nproductivity.<\/p>\n
\u201cAI is a tool that we can use. We will use it. We will control it, we\nwill manage the risks. That is what we always do,\u201d he said.<\/p>\n
Waller acknowledged that the impact of AI on workers could be\nunsettling. Amid massive investment in this sector and uncertainty about\nthe future, many are concerned that a number of high-paying jobs will be\nlost.<\/p>\n
Some of the anxiety is driven by industry players themselves, as\nmassive investment flows into this sector amid a very uncertain\nfuture.<\/p>\n
Concerns about jobs due to AI are also exacerbated by a weakening\nlabour market, although analysts are still debating how much, if any, of\nthe weakening is related to the adoption of AI.<\/p>\n
However, he remains optimistic. \u201cIn the end, people will find ways to\ntake this tool and use it to make our lives better, more productive and\nmore efficient, we will have more time to do other things.\u201d<\/p>\n
On the other hand, Waller stressed that the central bank will not be\nreckless in adopting AI.<\/p>\n
\u201cWe cannot approach AI haphazardly,\u201d he said. He added that, as a\ncentral bank, they set high standards for the use of the technology.<\/p>\n
\u201cThat means clear limits on how and where the technology is used,\nstrong information security controls, rigorous model validation, human\naccountability for decisions, and ongoing evaluation as the technology\nevolves.\u201d<\/p>\n
Although known as a decentralised institution with 12 regional banks,\nThe Fed is now taking a more centralised approach to AI\nimplementation.<\/p>\n
\u201cWe are moving as one system, with the same direction and alignment,\u201d\nsaid Waller. He emphasised that decisions on the implementation of AI\nwill begin with identifying problems and business needs, before\nselecting the appropriate technology capabilities.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/fears-of-humans-being-replaced-by-ai-bank-responds-1772041825", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }