Federal Reserve Board - Artificial Intelligence (AI) Program
Dec 13, 2024 · The Board is committed to an artificial intelligence (AI) program for its staff that: Promotes the responsible use of AI and enables AI-related innovation; Mitigates risks …
Speech by Governor Cook on AI, big data, and ... - Federal Reserve …
Oct 1, 2024 · Artificial Intelligence, Big Data, and the Path Ahead for Productivity. At “Technology-Enabled Disruption: Implications of AI, Big Data, and Remote Work,” a conference organized …
Federal Reserve stands up generative AI incubator - FedScoop
Nov 6, 2023 · While some agencies in the public sector have pumped the breaks on the use of generative artificial intelligence, the Federal Reserve System has set up a generative AI …
Understanding How Artificial Intelligence is Changing Advanced
May 14, 2024 · The San Francisco Fed, in close coordination with the Federal Reserve System Innovation Office, recently launched the EmergingTech Economic Research Network (EERN), …
Fed in discussions with banks about managing risks of AI: Waller
Apr 20, 2023 · The Federal Reserve has “regular discussions” with the banks it supervises about managing the risks associated with artificial intelligence, as more financial institutions utilize AI …
Federal Reserve looks to harness ‘generative AI incubator’
Sunayna Tuteja, chief innovation officer at the Federal Reserve System, said the Fed is approaching AI with “responsible innovation” at the forefront of its strategy. Tuteja is the Fed’s …
Across the Fed, a mindful exploration of AI is underway
Sep 22, 2023 · Since the public got its first taste of ChatGPT in late 2022, the promises and perils of human-like “generative AI” have dominated discussions about technology and economic …
Fed’s Cook calls for consensus in AI regulation
Oct 1, 2024 · Federal Reserve Governor Lisa Cook today called for a consensus to be reached in the regulation of artificial intelligence, which she sees as poised to have a “substantial effect” …
AI applications using pattern recog-nition, for instance, have allowed customers to deposit checks online and avoid extra trips to brick-and-mortar bank locations. AI earns additional high marks …
Federal Reserve Board - Agencies seek wide range of views on …
Mar 29, 2021 · More specifically, the RFI seeks comments to better understand the use of AI, including machine learning, by financial institutions; appropriate governance, risk …
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