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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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"You Want That Content So Bad," Former PlayStation Boss Says Of Switch 2 Exclusive Titles

"You Want That Content So Bad," Former PlayStation Boss Says Of Switch 2 Exclusive Titles https://ift.tt/pmyhA46

One of the biggest talking points surrounding the Switch 2 since its official announcement has been focused on the price of the console and its games--some believe the prices are simply too much.

In an interview with PlayerDriven, former PlayStation boss Shawn Layden said Nintendo can charge what it wants for new first-party Switch 2 games because Nintendo makes compelling games. Some people might perceive the price increase for a game like Mario Kart World ($80) as being "hefty," Layden said, but in the end, people will buy it anyway.

"If it's the only place where you can play Mario, then you get your wallet out and you buy into it... and Donkey Kong and Zelda. That first-party exclusivity kind of mitigates the sticker shock, if you will, of these price hikes, because you want that content so bad," he said (via IGN).

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