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.

Keynote Remarks by Mary C. Daly on AI and the Economy
Hosted by the Silicon Valley Leadership Group and San Jose State University, President Daly delivered keynote remarks on AI and the U.S. economy on February 17.
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

Fireside Chat: Vice Chair for Supervision Michelle W. Bowman and Sam Altman, OpenAI CEO
Vice Chair for Supervision, Michelle W. Bowman, hosted a fireside chat with Sam Altman, CEO of OpenAI, at the Integrated Review of the Capital Framework for Large Banks Conference.
July 22, 2025
Research, Insights, and Events
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What Do LLMs Want?

Tracking AI’s Contribution to GDP Growth

ChatMacro: Evaluating Inflation Forecasts of Generative AI
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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.

Events

Driving AI Adoption and Navigating the Transition

Raffaella Sadun | Management and Reskilling in the Age of AI

Pricing and Productivity: The Economics of AI

AI Implications for Workforce Development and Economic Mobility




