Fed Governor Cook Addresses AI's Economic Impact at Oakland Tech Week
Federal Reserve Governor Lisa Cook spoke on artificial intelligence and its economic implications at Oakland Tech Week, co-hosted by the Kapor Center.
Federal Reserve Governor Lisa Cook delivered the opening keynote at Oakland Tech Week, an event co-hosted by the Kapor Center in Oakland, California, offering the central bank's perspective on artificial intelligence and its growing role in the broader economy.
The address placed AI at the intersection of monetary policy and technological change, a theme the Fed has been increasingly attentive to as machine-learning tools spread across industries ranging from finance and manufacturing to healthcare and logistics. Cook's appearance at a tech-focused civic event signals the Fed's interest in engaging directly with the innovation community on questions that carry macroeconomic weight.
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Oakland Tech Week and the Kapor Center, known for its focus on inclusive tech entrepreneurship, provided a fitting backdrop for a speech that touches on both the productivity promise of AI and questions about how its benefits are distributed across workers and communities. The Fed has a dual mandate covering maximum employment and price stability, both of which could be materially affected by rapid automation and AI adoption.
While the full text of Governor Cook's remarks was not publicly detailed in the source, speeches of this nature from Fed officials typically examine how AI may reshape labor markets, influence inflation dynamics, and alter the productivity trajectory of the U.S. economy — factors that feed directly into the Fed's policy deliberations. Cook has previously spoken on technology and economic inclusion, making her a notable voice within the board on these subjects.
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