OMFIF’s artificial intelligence workstream investigates how central banks are adopting AI and machine learning technologies and using them with traditional finance systems. It aims to provide valuable insights into the thought processes of these institutions and how AI might impact broader macroeconomic trends and the behaviour of central banks.
On 19 October, OMFIF will be hosting a virtual roundtable looking at AI and the macroeconomy. Featuring Anton Korinek of The Brookings Institution and Nicklas Lundblad of Deepmind, this roundtable will cover the potential effects of AI on productivity growth, labour markets and how monetary policy can mitigate the macroeconomic impact of AI, ensuring it is positive
The surge in AI research within the financial technology sector has been remarkable. But finding equilibrium between AI capabilities and human insights is essential when navigating the intricacies of financial markets.
Government institutions are generally not the entities that usher in cutting-edge technological use cases. Yet the promises of artificial intelligence for central bank operating models are steadily emerging.
AI is starting to influence central bank decision-making. What frameworks and tools do central banks need to ensure a stable economy against these changes?
Julian Jacobs, senior economist at OMFIF, interviews Darrell West, senior fellow of the Brookings Institution, to discuss the promises and perils that may emerge as countries embrace AI.
Greg Wilson, world wide public sector chief technology officer at Microsoft, joins OMFIF to discuss how one of the world’s leaders in AI is preparing for the benefits and potential risks to the global economy.
