Fed Governor Cook Addresses AI's Economic Impact in Oakland
Federal Reserve Governor Lisa Cook spoke at Oakland Tech Week on artificial intelligence and its implications for the broader U.S. economy.
Federal Reserve Governor Lisa Cook delivered opening keynote remarks at Oakland Tech Week, an event co-hosted by the Kapor Center in Oakland, California, focusing on the evolving relationship between artificial intelligence and the U.S. economy.
The appearance placed a senior Fed policymaker at the center of a technology-focused public forum, signaling the central bank's continued attention to how AI-driven developments may influence productivity, labor markets, and monetary policy considerations going forward.
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AI has become an increasingly prominent topic among central bankers and economists, as rapid advances in generative and applied AI tools raise questions about their potential to reshape industries, alter employment patterns, and affect inflation dynamics over the medium and long term.
The Kapor Center, known for its work promoting diversity and inclusion in technology and entrepreneurship, co-hosted the event, underscoring the intersection of economic equity concerns and technological transformation that policymakers are beginning to address more directly.
The full substance of Governor Cook's remarks and any specific data or policy signals she offered were detailed in her prepared speech. Continue reading at FRB: Speeches.
