The Fed Chair just dropped an interesting take: AI isn't really moving the needle on employment numbers yet. Powell made it clear that while everyone's talking about artificial intelligence reshaping everything, the actual job market data tells a different story right now.

He's basically saying the AI revolution hasn't translated into major workforce disruptions—at least not in ways that show up in the economic indicators he's watching. The "for now" caveat is key though. It's acknowledgment that this could shift, but today's employment landscape remains driven by more traditional factors.

Worth noting for anyone tracking how tech narratives intersect with real economic policy. The gap between AI hype and measurable economic impact stays wide, according to central bank analysis.