According to CoinMeta, Walsh stated in his Jackson Hole speech that the development of artificial intelligence has become a "turning point in history," with its progress exceeding even the most optimistic forecasts from just a few years ago. He noted that corporate capital expenditure has grown at the fastest rate since 2021, with an increase of about 9% in the past four quarters, more than half of which is related to the construction of AI. Walsh mentioned that the annualized Token sales of two leading AI companies have exceeded $100 billion, representing a growth of over 500% from a year ago. The Federal Reserve has begun to regard AI as "a new variable" that could become a new factor of production, affecting economic growth and monetary policy formulation. Walsh also raised questions such as whether AI can bring about sustained productivity improvements and the relationship between Token usage and the labor force, for which there are currently no clear answers.