US Fed: AI Breaks Classic Economic Models

A Reuters analytical report on March 2, 2026, highlighted a hidden panic within the US Federal Reserve. The integration of generative AI is destroying the usual correlations between employment, productivity, and inflation (the Phillips curve).

On the one hand, AI exerts powerful deflationary pressure on the services sector: the automation of call centers, coding, and law (as seen with the layoffs at Block) reduces business costs. On the other hand, the construction of 6-gigawatt AI factories provokes an inflationary shock in the energy, copper, and chip markets. Regulators admit: classic base rate hikes no longer work as a universal brake. Macroeconomics requires new tools to balance a "two-speed" economy.

Source: Reuters