Emerging technologies catalyze changes in our workplaces, homes, and communities – and as a result, in our economy. Today, a new wave of emerging technology, generative artificial intelligence, is already creating seismic shifts. To deliver on our public service mission, it is crucial that we explore these nascent technologies before they are fully matured so we can better understand their potential impacts on financial institutions, payment systems, and monetary policy.
Through the EmergingTech Economic Research Network (EERN), we will develop deeper insights into the economy of the future. The EERN will funnel, amplify, and serve as an open-source economic research repository for academics, researchers, and technologists at the nexus of emerging technologies and the economy. At its core, EERN is a place for people to exchange ideas and learn about other research and insights across the Federal Reserve System, in academia, and in the private sector.
On this page, you can find economic research and insights on the impacts of emerging technologies as well as economic research conducted using artificial intelligence and machine learning.
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Simon Johnson | Technology and Inequality in the Age of AI
Thursday, July 11, 2024
Interested in learning more about EERN? Contact Huiyu Li or Kevin Ortiz, Federal Reserve Bank of San Francisco’s Heads of EmergingTech Economic Research
Latest Research and Insights
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Mary Daly on Fed Policy, the Economic Impacts of AI, and the Future of the Fed’s Framework
“The bottom line on AI and what its impact will be on the economy, the labor market, is that it’s going to be up to us.”
May 13, 2024
Research, Insights, and Events
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More than Words: Twitter Chatter and Financial Market Sentiment
![eern_understanding-models-model-bias-gaussian-processes](https://www.frbsf.org/wp-content/uploads/eern_understanding-models-model-bias-gaussian-processes.jpg?quality=100?w=350&h=350&crop=1)
Understanding Models and Model Bias with Gaussian Processes
![eern_estimating-nonlinear-heterogeneous-agent-models-with-neural-networks_0709](https://www.frbsf.org/wp-content/uploads/eern_estimating-nonlinear-heterogeneous-agent-models-with-neural-networks_0709.jpg?quality=100?w=350&h=350&crop=1)
Estimating Nonlinear Heterogeneous Agent Models with Neural Networks
![eern_aggregate-effects-of-the-adoption-of-ai_0709](https://www.frbsf.org/wp-content/uploads/eern_aggregate-effects-of-the-adoption-of-ai_0709.jpg?quality=100?w=350&h=350&crop=1)
Aggregate Effects of the Adoption of AI
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Regional Economic Sentiment: Constructing Quantitative Estimates from the Beige Book and Testing Their Ability to Forecast Recessions
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Measuring News Sentiment
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![newsmedia_lg_EERN_0408](https://www.frbsf.org/wp-content/uploads/newsmedia_lg_EERN_0408.jpg)
Small Businesses at the Frontier of the Generative AI Economy
How is the spread of generative artificial intelligence (GenAI) tools affecting small businesses? Read more about the EERN roundtable with leaders of small-scale enterprises currently integrating GenAI technologies.
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Events
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AI-nomics: The Nexus of GenAI + the Economy
![Host moderator, Huiyu Li, with Philippe Aghion](https://www.frbsf.org/wp-content/uploads/EERN-page-feature-image.png?quality=100?w=350&h=350&crop=1)