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Thank you for the opportunity to speak to you today. 1 In a speech earlier this year, I explored scenarios in which artificial intelligence (AI) could affect economic inequality, for better or for worse. 2 My focus in those remarks was on the AI side of this relationship, and today I would like to return to this topic by first providing some important context about inequality in the United States. Inequality is an aspect of every economy, and understanding the extent and evolution of inequality in the United States can help in forming a clear view of the economic outlook and how the economy is likely to react to new developments.
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