ECB’s Cipollone Says AI Can Help Central Banks, Needs Safeguards

📆 7/5/2024 12:36 AM
📰 BNNBloomberg

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European Central Bank Executive Board member Piero Cipollone said artificial intelligence can be helpful for central banks but its use must be monitored and properly supervised.

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AI Is Challenge for Central Banks to Raise Their Game, BIS SaysCentral banks must get a better grip on artificial intelligence both to gauge its economic impact and to harness the technology for themselves, the Bank for International Settlements said.
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