Fed week: The economics of artificial intelligence and machine learning

Virtual
Tue 22 Jun 2021 15:00 - 16:00

Following a year of unparalleled disruption, loosening of monetary and fiscal policy has become the new normal and many long-term economic and societal changes remain uncertain. As vaccination programmes pick up pace amid talk of policy normalisation, OMFIF and the Federal Reserve Bank of Philadelphia are hosting a series of seminars to discuss the Federal Reserve’s priorities. Over five days, Fed Week will cover topics from the economics of artificial intelligence, a green recovery, central bank digital currency, financial stability, macroeconomic developments and how all of this is feeding into the decisions the Fed is making.

In session two of the series, the panel will cover:

• The increasingly important role artificial intelligence and machine learning are playing in everyday life and across different economic activities.
• Role in day-to-day operations and the real economy, financial services and economic stability
• Regulatory challenges and the factors regulators, policy-makers and economic actors must consider to adjust to a changing economy
• Macroeconomic developments and the transformation of financial systems
• The economics of artificial intelligence technology

Panellists:
Simon Freyaldenhoven, Research Economist, Federal Reserve Bank of Philadelphia
Maximilian Kasy, Associate Professor, Department of Economics, Oxford University
Nitin Gaur, Director, Digital Asset Labs, IBM

Timings:
15:00-16:00 (London)
10:00-11:00 (New York)

This meeting will be recorded and will be available on OMFIF On Demand.