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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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The Steam Machine Doesn't Even Have To Try

The Steam Machine Doesn't Even Have To Try https://ift.tt/Xt5Ahzs

When news of the revived Steam Machine dropped, throngs of excited enthusiasts quickly staked a claim in its existence. They excitedly heralded its entry into what we all know to be the long-dead "console war." The media chimed in too, opining about the timeliness of its return and whether or not it has the chance to significantly dent the crowded market it's entering into.

But I don't think the Steam Machine really needs to "fight" in the traditional sense to be competitive. That's because I don't believe it actually has to do anything in order to chip away at the already-crumbling console infrastructure to win hearts and minds. It just has to be there.

The console market is arguably in the best place it's ever going to be for a large shakeup. Nintendo is, as always, doing its own thing with the Switch 2, which has proven itself to be a phenomenon beyond what we've seen before, and capable of filling the first Switch's intimidatingly large shoes and serving Nintendo's large niche.

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