Fed Governor Cook Addresses AI's Economic Impact at Oakland Tech Week
Federal Reserve Governor Lisa Cook spoke at Oakland Tech Week on artificial intelligence and its implications for the broader U.S. economy.
Federal Reserve Governor Lisa Cook delivered opening remarks at Oakland Tech Week, an event cohosted by the Kapor Center in Oakland, California, offering the central bank's perspective on how artificial intelligence is shaping economic conditions across the United States.
The appearance signals growing Fed interest in understanding AI's role as a structural force in labor markets, productivity, and financial stability — areas the central bank monitors closely as it sets monetary policy. Cook's willingness to engage with a technology-focused audience underscores the Fed's effort to broaden its analytical lens beyond traditional macroeconomic indicators.
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Oakland Tech Week, held in partnership with the Kapor Center — an organization focused on tech equity and inclusion — provided a platform that brought together innovation leaders and policymakers. The venue choice reflects ongoing conversations about whether the economic benefits of AI will be broadly distributed or concentrated among a narrow slice of industries and workers.
While the full text of Cook's remarks was not detailed in the source, Fed officials have increasingly flagged AI as a topic warranting serious examination, given its potential to reshape employment patterns, boost productivity, and introduce new risks to financial systems. Any signals from a sitting governor on these themes carry weight for markets and policymakers alike.
Continue reading at FRB: Speeches for the full text of Governor Cook's prepared remarks.
