economy

Fed Governor Cook Addresses AI's Economic Impact at Oakland Tech Week

Summarized from FRB: Speeches

Federal Reserve Governor Lisa Cook delivered a keynote on artificial intelligence and the economy at Oakland Tech Week, co-hosted by the Kapor Center.

Fed Governor Cook Addresses AI's Economic Impact at Oakland Tech Week

Federal Reserve Governor Lisa Cook took the stage at Oakland Tech Week to deliver an opening keynote examining the intersection of artificial intelligence and the broader U.S. economy, in an event co-hosted by the Kapor Center in Oakland, California.

The speech, delivered under the Federal Reserve Board's public outreach mandate, reflects growing institutional interest among central bank officials in understanding how rapid AI adoption may reshape labor markets, productivity trends, and inflation dynamics — all variables central to the Fed's dual mandate of price stability and maximum employment.

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Oakland Tech Week serves as a regional convening point for technology entrepreneurs, investors, and policymakers, and the Kapor Center's co-hosting role signals an emphasis on inclusive innovation — a theme that has increasingly drawn attention from economists and regulators alike as AI deployment accelerates across industries.

While the full text of Governor Cook's remarks was not detailed in the source release, speeches by Federal Reserve governors on AI carry particular weight given the central bank's role in assessing structural economic shifts that could influence monetary policy decisions in the months and years ahead.

Continue reading at FRB: Speeches for the full text of Governor Cook's remarks.

Frequently Asked Questions

Q.Who is Lisa Cook and why is she speaking about AI?

Lisa Cook is a Governor on the Federal Reserve Board. Fed governors regularly deliver speeches on economic topics, including emerging issues like AI, that may influence monetary policy considerations.

Q.What is the Kapor Center and why did it co-host Oakland Tech Week?

The Kapor Center is an Oakland-based organization focused on inclusive technology and innovation. It co-hosted Oakland Tech Week's opening keynote alongside Governor Cook's Federal Reserve speech.

Q.Where was Governor Cook's AI and economy speech delivered?

Governor Cook delivered the speech at the Oakland Tech Week Opening Keynote in Oakland, California, co-hosted by the Kapor Center.

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