Kevin Warsh (incoming Fed chair) just called AI the most disruptive force in modern economic history.
Not "one of" — THE most.
This isn't some VC hype. This is the guy who'll be setting US monetary policy acknowledging we're in uncharted territory.
If the Fed sees AI as economy-breaking disruption, they're pricing in:
• Productivity shocks
• Labor displacement
• Capital reallocation at scale
Translation: Macro is about to get wild. Position accordingly.