AI-nomics: The Nexus of GenAI + the Economy

Date

Tuesday, May 28, 2024

Time

10:00 am PDT

Topics

Artificial IntelligenceTechnology

Panel discussion on the nexus of GenAI and the economy.

Summary

On May 28, the EmergingTech Economic Research Network (EERN) held a live panel discussion on GenAI’s impact on the economics profession and economic research methods, featuring Mary C. Daly, Federal Reserve Bank of San Francisco President and CEO, Lisa D. Cook, Member, Federal Reserve Board of Governors, Karin Kimbrough, Chief Economist at LinkedIn, and Nela Richardson, Chief Economist at ADP. Federal Reserve System Chief Innovation Officer Sunayna Tuteja moderated the conversation.

You can view the full recording of the event on this page.

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About the Speakers

Mary C. Daly

Mary C. Daly
Chief Executive Officer
Federal Reserve Bank of San Francisco

Mary C. Daly is the president and chief executive officer of the Federal Reserve Bank of San Francisco. In this role, Daly is a participant of the Federal Open Market Committee (FOMC), the monetary policymaking body of the Federal Reserve System, where she helps set policies to build a stronger economy for all Americans. Read Mary C. Daly’s full bio.

Lisa D. Cook
Member
Federal Reserve Board of Governors

Lisa D. Cook took office as a member of the Board of Governors of the Federal Reserve System on May 23, 2022, to fill an unexpired term ending January 31, 2024. She was reappointed to the Board on September 8, 2023, and sworn in on September 13, 2023, for a term ending January 31, 2038. Read Lisa D. Cook’s full bio.

Karin Kimbrough
Chief Economist
LinkedIn

Dr. Karin Kimbrough is the Chief Economist for LinkedIn where she leads a team devoted to surfacing thought leadership on the world of work. Prior to joining LinkedIn in 2020, she served as the Assistant Treasurer for Google and the Head of Macroeconomic Policy at Bank of America. In addition, Kimbrough worked at the Federal Reserve Bank of New York in the Markets Group for nearly a decade and as an Economist and FX Strategist at Morgan Stanley in London and NY. Read Karin Kimbrough’s full bio.

Nela Richardson
Chief Economist and ESG Officer
ADP

Dr. Nela Richardson is ADP’s Chief Economist and ESG Officer. Nela is the head of the ADP Research Institute (ADPRI), where she leads economic research and provides reliable and timely analysis for the public, global and local businesses, and policymakers. Her background and expertise cross many industries, including finance, technology, housing and labor. Read Nela Richardson’s full bio.

Sunayna Tuteja
System Chief Innovation Officer
Federal Reserve System

Sunayna joined the Federal Reserve System in 2021 as its first Chief Innovation Officer. With a bias for action, she leads the Fed’s innovation agenda, in collaboration with business and technology partners to strengthen innovation culture across 12 Reserve Banks and the Board of Governors, and to ship meaningful outcomes that deliver value to the constituents and communities that we serve. The System Innovation team lead the Fed’s interrogation of frontier technology, both in assessing the potential application within the Fed and to guide the policy making. Sunayna also leads the Fed’s Central Bank Digital Currency (CBDC) research and development program and the System GenAI Incubator.

She brings 10+ years of global experience leading change and innovation at the nexus of finance, technology, and policy. Prior to the Fed she advanced digital transformation as a builder, operator, and venture investor within the fintech and crypto ecosystem, in North America and Asia. She is a proud alumna of the University of Alberta and Stanford.