Fed’s Tom Barkin, a former McKinsey CFO, says the ‘AI Apocalypse’ hasn’t arrived

Fed’s Tom Barkin’s dismissal of an imminent “AI Apocalypse” signals a measured regulatory stance amid growing technological disruption. For middle-market credit professionals, his perspective underscores the Fed’s cautious approach to AI’s economic impact, suggesting that credit risk models and sector outlooks may not need immediate recalibration for AI-driven shocks. This view supports a stable credit environment in the near term, emphasizing fundamentals over speculative disruption in leveraged finance decision-making.