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Xbox CEO Joins Federal Reserve’s Productivity And Jobs Task Force Amid Tumultuous Time

Xbox CEO Joins Federal Reserve’s Productivity And Jobs Task Force Amid Tumultuous Time https://ift.tt/SzyVoWR The United States central bank, the Federal Reserve, has announced new task forces to "advance the conduct of monetary policy," and its board has chosen Xbox CEO Asha Sharma to help guide one task force pertaining to AI, as part of a wider effort to help create jobs and keep prices stable. The new Productivity and Jobs task force will look into the "economic impact of new general-purpose technologies," including AI, to help the Fed make better policy decisions. Sharma is joined on this task force by billionaire businessman and venture capitalist Marc Andreessen, along with Stanford University economics professor Charles I. Jones--he is currently on leave from the university to become a scholar-in-residence at the AI company Anthropic. Fed chairman Kevin Warsh said the new task forces are part of the group's "commitment to price stability a...
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Nintendo Has A Simple But Effective Plan To Stop Switch 2 Scalpers

Nintendo Has A Simple But Effective Plan To Stop Switch 2 Scalpers https://ift.tt/OlgrUZ9

Nintendo has a plan to combat the potential scalping of its Switch successor: one that boils down to making certain that there are enough units available to satisfy demand when it's eventually released. In a Q&A session during a shareholders meeting, Nintendo President Shuntaro Furukawa explained how the company will take on the reseller market.

"As a countermeasure against resale, we believe that the most important thing is to produce a sufficient number to meet customer demand, and this idea has not changed since last year," Furukawa said (translated via IGN). "In addition to this, we are considering whether there are any other measures that can be taken to the extent allowed by laws and regulations, taking into account the circumstances of each region."

At the start of the COVID-19 pandemic in 2020, Switch consoles became sought-after items. The global semiconductor shortage in 2021 saw supply shrink, but echoing previous statements regarding availability, Furukawa added that Nintendo is anticipating that it'll have enough stock to combat scalping.

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