美联储
The US central bank responsible for monetary policy and financial stability oversight.
Federal Reserve Governor Michael Barr warned in a Yale speech that rapid AI adoption could worsen income inequality in the near term, especially if a handful of AI firms dominate the market and concentrate gains among their executives and shareholders. He urged policymakers to build safeguards now, while adoption is still relatively early.
The Fed's financial stability report shows 87% of polled market professionals now name AI as the top financial risk, up from 50% in spring. AI infrastructure debt surpassed $680B by October, roughly 5x all of 2023 and about 31% of investment-grade corporate borrowing, while big tech and chipmakers carry over $3T in future leases and guarantees that may understate true AI exposure. GPU makers guarantee chip values and invest in the same buyers, creating circular financing, and the largest US banks hold close to $1T of exposure to big tech and data center builders.