Fed Governor Cook Addresses AI's Economic Impact at Oakland Forum
Federal Reserve Governor Lisa Cook delivered remarks on artificial intelligence and its economic implications at Oakland Tech Week, co-hosted by the Kapor Center.
Federal Reserve Governor Lisa Cook spoke Monday at the Oakland Tech Week Opening Keynote, a technology and innovation forum co-hosted by the Kapor Center in Oakland, California, offering the central bank's perspective on how artificial intelligence is shaping the broader U.S. economy.
The address marks one of the Fed's continued efforts to assess emerging technologies through the lens of monetary policy and economic stability. AI has become an increasingly prominent topic for policymakers as the technology's influence spreads across labor markets, productivity, and financial systems.
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Cook's remarks reflect growing institutional attention from the Federal Reserve to technological disruption. Central bank officials have been closely monitoring whether AI-driven productivity gains translate into measurable changes in output, inflation dynamics, or employment patterns — all variables central to the Fed's dual mandate of price stability and maximum employment.
The Kapor Center, a social impact venture fund and research organization focused on equity in technology, provided a notable backdrop for the speech, underscoring the intersection of innovation, inclusion, and economic policy in discussions about AI's trajectory.
The full text of Governor Cook's prepared remarks is available through the Federal Reserve Board. Continue reading at FRB: Speeches.
