# Fed’s Daly Says AI Is Slowing Hiring More Than Displacing Workers

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/56956
Published: 2026-11-13T18:32:23.000Z
Updated: 2026-11-13T18:32:23.000Z
Section: People

> Daly said employers have less need to add staff, while substantial worker displacement has not yet emerged.

Federal Reserve Bank of San Francisco President Mary Daly said artificial intelligence is reducing employers’ need to add staff more than it is displacing current workers, describing an effect that can show up in slower hiring.

“You don't see a lot of displacement from AI yet, but you do see less need to hire additional people,” Daly said. She also linked that reduced need to hire with slower hiring.