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Hosted by the Silicon Valley Leadership Group and San Jose State University, President Mary C. Daly delivered keynote remarks on AI and the U.S. economy. Following her remarks, she sat down with Bloomberg Tech’s Ed Ludlow for a moderated conversation and audience questions. Date: Tuesday, Feb 17, 2026 Time: 11:30 a.m. PT Location: San Jose, CA -- 00:00 - Introduction and Opening Remarks 00:18 - AI's Promise and Concerns: Learning from Electricity's 100-Year Transformation 04:00 - AI's Evolution and Current Adoption Across Industries 07:17 - The Transformation Question: Can GenAI Redefine Production and Business? 10:28 - Lessons from the 1990s: Greenspan, Productivity, and Monetary Policy 16:44 - Applying Historical Lessons to Today's AI Challenges 18:08 - Moderated Conversation: Unpacking Productivity Data 21:09 - AI's Effects on Workforce, Inflation, and the Labor Market 26:43 - Worker Anxiety, Job Displacement, and the Need for Durable Skills 33:22 - How the Federal Reserve is Using AI Operationally 37:38 - Monetary Policy Strategy Amid AI Uncertainty 42:15 - Economic Diversity: From Tech Compensation to Agricultural AI Adoption 45:07 - Audience Questions: Advice for Economists and Regulation Balance 49:51 - Closing Thoughts: Optimism About AI's Impact on the 12th District