One in four Fed staff could benefit from GenAI, study finds
New technology could reshape US regulator’s operations—but only with top-down push.
Researchers have found that one in four roles at the US Federal Reserve could benefit from the use of generative AI (GenAI), signaling the vast potential for its use within the central bank. However, they believe the current uptake remains limited, and encourage the Fed leadership to prioritize adoption of the technology.
A new working paper from the Stanford Digital Economy Lab outlines how GenAI could enhance nearly all major aspects of the Fed’s operations, from supervision and payments to
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