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Marc Andreesen among those tapped as Kevin Warsh names leaders of Fed's new task forces

"The U.S. economy has changed significantly over the last generation, and never more so than right now," said Fed Chairman Kevin Warsh in an announcement describing the objectives and leaders of his new task forces. "Each task force will carefully consider whether policymakers' means and methods, analytical tools and policy approaches can be improved upon."

The five task forces:

• Communications: Review how the Federal Reserve conveys policy deliberations and decisions amid uncertainty
• Balance Sheet Policy: Examine the costs, benefits, and institutional implications of the Federal Reserve's current balance sheet regime
• Data: Improve the quality and timeliness of real economic signals that inform the Federal Reserve's policy judgments
• Productivity and Jobs: Assess the economic impact of new general-purpose technologies, including artificial intelligence, to inform the Federal Reserve's policy judgments
• Inflation Frameworks: Revisit how the Federal Reserve understands and responds to the drivers of inflation

Most of the names of the various leaders of these groups will only be familiar to monetary policy and economics nerds, but the Productivity and Jobs task force includes Marc Andreesen, who firmly believes AI will support booms in both productivity and jobs, and Asha Sharma, the CEO of Microsoft's XBOX.

Former Walmart CEO Doug McMillon is among the group leading the Data task force.