Days After Announcing Mass Layoffs, Xbox CEO Asha Sharma Tapped To Advise The Federal Reserve On Jobs
That’s a choice.
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The US Federal Reserve has announced the industry leaders who will head up its various task forces guiding monetary policies. The country's central bank has made some baffling appointments to its productivity and jobs team, which will "Assess the economic impact of new general-purpose technologies, including artificial intelligence, to inform the Federal Reserve's policy judgments."
One of the advisors will be new Xbox CEO Asha Sharma. After moving to gaming from Microsoft's Core AI group, in the first few months of her tenure, she's overseen yet another price hike for the gaming hardware and most recently announced to the company that it would be cutting 3,200 jobs across its studios. Microsoft has been gutting its staffacross many divisions for awhile, so this isn't a new policy she's personally brought in. But the timing here could not be worse, especially as so much of the...
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