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.

AI Implications for Workforce Development and Economic Mobility
September 19, 2025
The EmergingTech Economic Research Network (EERN) has been working to understand perspectives on AI’s impact on the labor market. Join us to explore these trends at a deeper level, including implications for low- and moderate-income workers. This event will focus on the evolving intersection of AI, workforce development, and economic mobility.
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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Total Recall? Evaluating the Macroeconomic Knowledge of Large Language Models

How Retrainable Are AI-Exposed Workers?

Technological Advancements in Payments

By Degree(s): Measuring Employer Demand for AI Skills by Educational Requirements

Generative AI at the Crossroads: Light Bulb, Dynamo, or Microscope?

On the Testability of the Anchor-Words Assumption in Topic Models
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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

Chad Jones | AI and Economic Growth

Avi Goldfarb | The Disruptive Economics of AI

Anton Korinek | The Economics of Transformative AI

Job Matching in the Age of AI
