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‘Inflationary surge’: Fed economists warn AI hype is overheating the economy whether or not the technology ever delivers

Economists from the St. Louis Fed said AI could inflate prices today even without a payoff tomorrow.

By Jake AngeloApril 1, 2026
AI
AI is saving workers up to an hour a day — but Goldman Sachs says 80% of companies aren’t using it yet
By Nick LichtenbergApril 1, 2026
Nvidia CEO Jensen Huang
Nvidia CEO Jensen Huang’s advice to workers scared of AI: You’re just confusing your job with the tools you use to do it
By Emma BurleighApril 1, 2026
gary
The biggest mistake CEOs make with AI has nothing to do with the technology
By Gary ShapiroApril 1, 2026
gurley
Silicon Valley titan Bill Gurley: why your zip code could be the most underrated career decision you’ll ever make
By Bill GurleyApril 1, 2026
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Latest Stories
Five hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale
RetailFive hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale
By Phil WahbaApril 1, 2026
Exclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, say sources
CryptoExclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, say sources
By Ben WeissApril 1, 2026
Current price of gold as of April 1, 2026
Personal FinanceCurrent price of gold as of April 1, 2026
By Danny BakstApril 1, 2026
Covid gave us hybrid work. The Iran War might give us a four-day week—and this time, experts say it could stick
SuccessCovid gave us hybrid work. The Iran War might give us a four-day week—and this time, experts say it could stick
By Orianna Rosa RoyleApril 1, 2026
Adobe faces an AI-era test of whether the creative economy still needs it
C-SuiteAdobe faces an AI-era test of whether the creative economy still needs it
By Ruth UmohApril 1, 2026
trump
CommentaryThe EPA just valued a human life at $0. That’s not just a moral crisis — it’s a market crisis
By Andrew BeharApril 1, 2026
Top CD rates from major banks April 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on April 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 1, 2026
9 reasons AI isn’t going to take your job (yet)
Magazine9 reasons AI isn’t going to take your job (yet)
By Gary MarcusApril 1, 2026
More AIPage 2 of 100
I helped build Facebook and saw it go wrong. AI is headed the same way
CommentaryI helped build Facebook and saw it go wrong. AI is headed the same way
By Justin RosensteinMarch 29, 2026
shamny
CommentaryAI agents are already driving 10% of revenue for some brands. Is yours invisible to them?
By Aviv ShamnyMarch 29, 2026
boss
Future of WorkTop leadership experts sound the alarm on the AI doomsday: bosses are choosing tech over people
By Nick LichtenbergMarch 29, 2026
Jensen Huang looks to his right while onstage at Nvidia GTC.
InvestingOne AI bubble has already burst. The next one—a ‘rare’ kind—is still growing, economist warns
By Sasha RogelbergMarch 29, 2026
peter
CommentaryFormer Trump official: the U.S. can win the AI race — if it gets patent policy right
By Laura PeterMarch 29, 2026
This high school dropout now makes six figures at OpenAI—and he shares the strategy Gen Z can use to get hired in Silicon Valley, too
SuccessThis high school dropout now makes six figures at OpenAI—and he shares the strategy Gen Z can use to get hired in Silicon Valley, too
By Preston ForeMarch 29, 2026
Anduril founder Palmer Luckey wants to arm the U.S.’s allies. Could his insistence on deferring to Washington scare them off?
AIAnduril founder Palmer Luckey wants to arm the U.S.’s allies. Could his insistence on deferring to Washington scare them off?
By Nicholas GordonMarch 28, 2026
Actors union is bargaining for ‘Tilly tax’ on AI film characters
AIActors union is bargaining for ‘Tilly tax’ on AI film characters
By Victor Swezey and BloombergMarch 28, 2026
rick
AIMeet a 29-year-old blue-collar founder who used AI to triple his revenue in 3 years
By Nick LichtenbergMarch 28, 2026
Elon Musk’s companies, once welcomed in Baltimore with open arms, are now getting stiff-armed—or sued
AIElon Musk’s companies, once welcomed in Baltimore with open arms, are now getting stiff-armed—or sued
By Jessica MathewsMarch 28, 2026
barlow
CommentaryData centers aren’t breaking the grid. A broken grid is
By Brian BarlowMarch 28, 2026
A Macy's entrance in a mall.
RetailMacy’s just launched an AI-powered shopping assistant. Customers who use it spend nearly 400% more 
By Jacqueline MunisMarch 27, 2026
Meta's Hyperion data-center site in Northeastern Louisiana.
EnergyMeta orders 10 gas-fired power plants for its Hyperion AI campus in rural Louisiana—more than triple the initial plan
By Jordan BlumMarch 27, 2026
Meta promised it wouldn’t spy on you with its AI smart glasses. A lawsuit says humans are watching you, actually
LawMeta promised it wouldn’t spy on you with its AI smart glasses. A lawsuit says humans are watching you, actually
By Catherina GioinoMarch 27, 2026
Steve Wozniak speaks into a microphone, raising his palm in the air.
Big TechApple cofounder Steve Wozniak admits he’s ‘disappointed a lot’ by AI and hardly uses it: ‘They just sound too dry and too perfect’
By Sasha RogelbergMarch 27, 2026
Microsoft is picking up a Texas data center project OpenAI didn’t want, in a telling sign of how far they’ve drifted apart
AIMicrosoft is picking up a Texas data center project OpenAI didn’t want, in a telling sign of how far they’ve drifted apart
By Matt O'Brien and The Associated PressMarch 27, 2026
Crypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
CryptoCrypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
By Jeff John RobertsMarch 27, 2026
mallun
AIYour enterprise customers don’t know how to buy AI — and it’s killing deals
By Mallun YenMarch 27, 2026
The tools to get ahead of AI disruption already exist — we just need to use them differently
Partner CommentaryThe tools to get ahead of AI disruption already exist — we just need to use them differently
By Bijal Shah and Zoe Weintraub BarrettMarch 27, 2026
krueger
CommentaryRogue AI is already here
By David KruegerMarch 27, 2026
Cursor CEO warns vibe coding builds ‘shaky foundations’ and eventually ‘things start to crumble’
AICursor CEO warns vibe coding builds ‘shaky foundations’ and eventually ‘things start to crumble’
By Marco Quiroz-GutierrezMarch 27, 2026
Anthropic CEO Dario Amodei.
AIExclusive: Anthropic acknowledges testing new AI model representing ‘step change’ in capabilities, after accidental data leak reveals its existence
By Beatrice NolanMarch 26, 2026
Anthropic's logo on a wall.
AIExclusive: Anthropic left details of an unreleased model, invite-only CEO retreat, sitting in an unsecured data trove in a significant security lapse
By Beatrice NolanMarch 26, 2026
Defense startup Shield AI is projecting more than $540 million in revenue this year as valuation more than doubles to $12.7 billion
Startups & VentureDefense startup Shield AI is projecting more than $540 million in revenue this year as valuation more than doubles to $12.7 billion
By Jessica MathewsMarch 26, 2026
U.S. judge blocks Pentagon’s ‘Orwellian notion’ to label Anthropic a supply chain risk and ban Claude from the government
AIU.S. judge blocks Pentagon’s ‘Orwellian notion’ to label Anthropic a supply chain risk and ban Claude from the government
By The Associated PressMarch 26, 2026
Southeast Asia could become a booming AI market if its data centers can beat the heat
AISoutheast Asia could become a booming AI market if its data centers can beat the heat
By Angelica AngMarch 26, 2026
New Disney CEO Josh D'Amaro pictured
Arts & EntertainmentDisney CEO’s no good, very bad week: Josh D’Amaro is dealing with 3 major headaches
By Tristan BoveMarch 26, 2026
Water storage construction on the Meta data center site in Holly Ridge, Richland Parish, Louisiana.
AIInside Meta’s chaotic AI boomtown in rural Louisiana
By Sharon GoldmanMarch 26, 2026
Harvey CEO Winston Weinberg
Success30-year-old CEO of $11 billion Harvey earned the backing of OpenAI and Sam Altman. He says you have to ‘re-earn’ your role every 6 months
By Preston ForeMarch 26, 2026
chaplin
AI‘Intelligence may be scalable, but accountability is not’: A new report exposes the hidden cost of the AI agent revolution
By Nick LichtenbergMarch 26, 2026
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Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’placeholder alt text
By Fortune EditorsMarch 30, 2026
Energy
Markets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’placeholder alt text
By Fortune EditorsMarch 31, 2026
AI
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to competeplaceholder alt text
By Fortune EditorsMarch 30, 2026
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