Fed's Cook Discusses AI Impact on US Economy at Oakland Tech Week

Key Facts

Federal Reserve Governor Lisa Cook delivered a keynote speech on artificial intelligence and the economy at Oakland Tech Week. The Federal Reserve reported that the address focused on the intersection of AI technology and the U.S. economy as part of the central bank's ongoing monitoring of rapid technological shifts.

The speech addressed how advancements in AI are influencing productivity, labor markets, and the broader economic outlook. These assessments come as monetary policymakers seek to understand the long-term structural trends that may define the trajectory of economic growth in the United States.