Marc Andreessen joins Fed task force on AI and jobs

Marc Andreessen, co-founder of venture firm Andreessen Horowitz, was named to the Federal Reserve’s Productivity and Jobs task force to evaluate how artificial intelligence and other general-purpose technologies may affect productivity and employment. The group will advise the Fed on how such technologies should factor into monetary policymaking.

The Fed announced in a Thursday press release that Andreessen will serve on the task force alongside Stanford economist Charles I. Jones, who is on leave at AI firm Anthropic, and Asha Sharma, Microsoft’s executive vice president and chief executive of Xbox. The task force will review evidence on how general-purpose technologies affect output, labor demand, wages and the allocation of capital, and will report findings to the Federal Open Market Committee and other Fed bodies.

The task force is one of five new groups launched under Fed Chair Kevin Warsh as part of a leadership reorganization announced at a June 17 press conference. Warsh described the topics as “timely, consequential, and, in my view, worthy of a fresh look.” He added the Fed will seek to publish policy statements in shorter, clearer language.

Andreessen co-founded Andreessen Horowitz, a prominent Silicon Valley venture capital firm with investments in crypto and AI startups. He and Warsh have known each other since their Stanford days. After Warsh’s nomination as Fed chair, Andreessen wrote on X that he has known Warsh for 30 years and described him as combining insight in economics and finance with an understanding of technology and business.

Federal Reserve officials hold differing views on how AI will affect the economy. In a May 27 speech, Governor Lisa Cook said she expects AI to boost productivity growth and GDP, while also warning it could raise inflation. In March 2026, former Fed Chair Jerome Powell warned that data center investment is “putting pressure on all kinds of goods and services” and is “probably pushing inflation up at the margin.”

The Fed said the Productivity and Jobs task force’s analysis will feed into internal discussions about how monetary policy should account for the effects of technology investment and adoption on prices, output and labor markets.