Federal Reserve’s Lisa D. Cook discusses AI’s impact on economy and financial stability at Stanford
Federal Reserve Governor Lisa D. Cook discussed the impact of artificial intelligence on the economy and financial stability at Stanford. She compared AI's transformative potential to historical innovations like the printing press and steam engine, while also warning of inflationary pressures. Cook highlighted concerns about market concentration risks and job displacement as AI systems become more sophisticated.
- ▪Lisa D. Cook addressed the SIEPR Policy Forum at Stanford on May 27, discussing AI's impact on the economy.
- ▪She compared AI's potential to historical innovations, emphasizing its ability to enhance productivity.
- ▪Cook warned of short-term inflationary pressures due to significant investments in AI infrastructure.
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Federal Reserve’s Lisa D. Cook discusses AI’s impact on economy and financial stability at Stanford The Fed governor compared AI's transformative potential to the printing press and steam engine, while warning of short-term inflationary pressures and financial stability risks. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Federal Reserve Governor Lisa D.
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