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Supporting Responsible Use Of AI And Equitable Outcomes In Financial Services – Federal Reserve Governor Lael Brainard At The AI Academic Symposium Hosted By The Board Of Governors Of The Federal Reserve System, Washington, D.C. (Virtual Event)


Supporting Responsible Use Of AI And Equitable Outcomes In Financial Services – Federal Reserve Governor Lael Brainard At The AI Academic Symposium Hosted By The Board Of Governors Of The Federal Reserve System, Washington, D.C. (Virtual Event)
Date
12/01/2021
Today s symposium on the use of artificial intelligence (AI) in financial services is part of the Federal Reserve s broader effort to understand AI s application to financial services, assess methods for managing risks arising from this technology, and determine where banking regulators can support responsible use of AI and equitable outcomes by improving supervisory clarity.1
The potential scope of AI applications is wide ranging. For instance, researchers are turning to AI to help analyze climate change, one of the central challenges of our time. With nonlinearities and tipping points, climate change is highly complex, and quantification for risk assessments requires the analysis of vast amounts o ....

United States , New York , Zacharyc Lipton , Cynthia Rudin , Michelle Kambara , Michael Tyka , Westra Miller , Makada Henry Nickie , Ewen Callaway , Sarah Castellanos , Molly Mahar , Kennethp Brevoort , Jeff Ernst , Hod Lipson , Ziad Obermeyer , Rayid Ghani , Kavita Jain , David Rolnick , Carola Evans , Lael Brainard , Davide Castelvevchi , Carol Evans , Piotr Szapiezynski , Philipp Grimm , Alan Mislove , Christoph Molnar ,