Federal Reserve Governor Christopher Waller emphasized the potential of artificial intelligence to drive long-term economic productivity during DC Fintech Week. He called for minimal regulation to allow AI’s disruptive nature to foster future gains. Comparing AI to historical technological shifts, Waller stressed the need to embrace this change and let it unfold. He noted that while some job losses might occur as a result of AI integration similar to past technological advancements, new sectors will likely emerge from its adoption. This shift has significant implications for industries and financial systems, requiring adaptability. Policymakers are urged to focus on the long-term productivity gains associated with AI’s integration without immediate restrictive measures. Waller advocates for data-driven strategies that balance economic advancement with ethical considerations as this technology evolves.