The Fed Taps Marc Andreessen to Co-Lead a Task Force on Whether AI Will Reshape Jobs and Inflation

The Decoder·medium signal

Reported July 10-11, Fed Chair Kevin Warsh named a16z's Marc Andreessen, Stanford economist Charles I. Jones, and Microsoft Xbox CEO Asha Sharma to co-lead a new Productivity and Jobs task force studying how AI affects employment and prices, one of five external monetary-policy panels, with recommendations due by end of 2026. Warsh has publicly argued AI could be a 'significant disinflationary force' that gives the Fed room to cut rates. Critics counter that the AI infrastructure buildout first drives up demand for chips, energy, and capital — adding price pressure before productivity gains arrive.