The Federal Reserve and New Technology

聯準會與新技術


Introduction

The Federal Reserve is studying artificial intelligence (AI). At the same time, markets are waiting for new price and profit reports.

聯準會正在研究人工智慧(AI)。與此同時,市場正等待新的價格與利潤報告。

Main Body

Kevin Warsh is the leader of the Federal Reserve. He made five groups to study AI. These groups look at how AI changes jobs and money. Some leaders think AI helps the economy grow. Other leaders are not sure.

Kevin Warsh 是聯準會的領導者。他成立了五個小組來研究 AI。這些小組研究 AI 如何改變工作與金錢。有些領導者認為 AI 有助於經濟增長,而有些則不確定。

Asha Sharma is a leader at Xbox. She is now in one of the AI groups. Some people are angry because Microsoft cut 3,200 jobs. Now, the government is checking if Microsoft used visas correctly.

Asha Sharma 是 Xbox 的領導者。她現在加入了一個 AI 小組。由於微軟裁減了 3,200 個職位,部分人士感到憤怒。目前政府正在檢查微軟是否正確使用簽證。

Stock markets are growing. Companies are making more money. But oil prices are going up because the U.S. and Iran are fighting. People are waiting for new price data in June. This data tells them if interest rates will go up in September.

股市正在增長。公司賺到了更多錢。但由於美國與伊朗的衝突,原油價格正在上漲。人們正等待六月的新價格數據。這些數據將決定九月份的利率是否會調升。

Conclusion

The Federal Reserve uses new experts to understand AI. But the economy is still worried about wars and high prices.

聯準會利用新專家來了解 AI。但經濟方面仍對戰爭與高物價感到擔憂。

Vocabulary Learning

⚡ The 'Action' Word Shift

In English, we change the end of a word to show when something happened. Look at these two patterns from the text:

1. Now (Present)

  • The Fed is studying AI. \rightarrow Happening right now.
  • Markets are waiting. \rightarrow Happening right now.

2. Finished (Past)

  • He made five groups. \rightarrow It is finished.
  • Microsoft cut jobs. \rightarrow It happened already.

📦 Small Word, Big Job: 'If'

We use 'if' when we are not 100% sure about the result.

  • Checking if Microsoft used visas correctly.
  • Tells them if interest rates will go up.

Simple Rule: Use if \rightarrow [Possible Choice A] or [Possible Choice B].

Vocabulary Learning

artificial intelligence (n.)
Computer systems that can do things that usually need human intelligence
Example:Artificial intelligence can help doctors find diseases faster.
profit (n.)
The money a company makes after paying its costs
Example:The small shop made a big profit last year.
economy (n.)
The system of how money and goods are produced and used in a country
Example:A strong economy means more people have jobs.
visa (n.)
An official paper that lets you enter a foreign country
Example:I need a visa to visit the United States.
interest rates (n.)
The percentage of money you pay to borrow money from a bank
Example:When interest rates are high, borrowing money is expensive.
expert (n.)
A person who knows a lot about a specific subject
Example:She is an expert in computer programming.
Practice A2 words in a crossword