Technology

Technological change and advancements can have profound impacts on society and the economy. Innovation and the automation of tools and machines can affect industrial and commercial productivity, which impacts economic growth, employment levels, and the prices for goods and services.

As part of the Federal Reserve’s dual mandate to promote maximum employment and price stability, changes in technology and automation are key areas of ongoing research at the SF Fed. This page features a collection of content on the economic impacts of technology, including automation, fintech, and artificial intelligence.