Kevin Warsh highlights economic impact of AI as White House press secretary departs
Kevin Warsh called AI a major supply shock for the global economy, while a Norwegian data center faces delays and Trump press secretary Katie Zacharia leaves after five days.
Kevin Warsh characterized artificial intelligence as potentially the most transformative development for the United States and global economy in his lifetime, describing technology advances as a "positive supply shock over the medium term." Meanwhile, infrastructure challenges persist in Europe, where construction of a flagship AI data center in Norway has fallen six months behind schedule, prompting developers to house workers in a floating hotel to accelerate progress. In Washington, Katie Zacharia stepped down from her position as White House press secretary after serving five days under President Donald Trump.
Sources: Bloomberg.