[Federal Reserve's Cook: AI Sparks Major Changes, May Lead to a Rise in Neutral Rates in the Short Term] According to a report by Jinse Finance, Federal Reserve Governor Cook stated that artificial intelligence has triggered a generational shift in the U.S. labor market and may lead to a rise in unemployment, which the Federal Reserve might not be able to address through interest rate cuts. While AI will bring new opportunities, in its early stages, job displacement may precede job creation. As the economy undergoes transformation, unemployment rates may rise, and labor force participation rates may decline. In such a scenario, even if productivity improves, any structural factors driving up the natural unemployment rate could make the Federal Reserve's responses risk triggering inflation. She also pointed out that other "profound" challenges facing monetary policy include the possibility that the AI investment boom could push up neutral rates in the short term. All else being equal, this could mean the need for tighter monetary policy. However, if the emerging AI economy exacerbates income inequality or if the benefits of technological advancements are concentrated among wealthier groups, neutral rates may decline over time.