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In a speech of 22 September 2023, Lisa D. Cook, Governor of the Federal Reserve Board, said that she focuses on AI as a monetary policymaker because of the Federal Reserve’s dual mandate, and that the impact of AI on the economy and monetary policy will depend on whether it is a general purpose technology. Copy claim link
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Date 2023-09-22 · event Records dated 2023 → Role Articulation Register (kind of text) Nonfiction Scope and limits The speaker’s view with disclaimer; it links AI’s productivity and labour-market effects to the dual mandate but proposes no policy response. Bowman (22 November 2024) and later speeches restate the link.
The evidence 03 primary source Supports the claim
Generative AI, Productivity, the Labor Market, and Choice Behavior ↗ Board of Governors of the Federal Reserve System · 2023-09-22
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Source excerpt “Why do I focus on AI as a monetary policymaker? The Federal Reserve's dual mandate is to promote maximum employment and stable prices.” Location in source Introduction, paragraph beginning ‘Why do I focus on AI as a monetary policymaker?’
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Lisa D. Cook Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 f187dca43e687be19daa5a34b8972b26e5a816b43df2031d7031c9c01c640793). Retrieved again at admission on 2026-11-06 (SHA-256 bb36b505f5e05a1e713665691485fc5de4eaaf0115bbf708c5904a0371a4e272; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Lisa D. Cook, “Generative AI, Productivity, the Labor Market, and Choice Behavior”, 2023-09-22. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The quotation (23 words) matched a fresh retrieval of 2026-11-06. Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review. primary source Supports the claim
Generative AI, Productivity, the Labor Market, and Choice Behavior ↗ Board of Governors of the Federal Reserve System · 2023-09-22
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Source excerpt “The impact of AI on the economy and monetary policy will depend on whether AI is just another app or something more profound.” Location in source Section ‘AI and Productivity’, first paragraph
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Lisa D. Cook Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 f187dca43e687be19daa5a34b8972b26e5a816b43df2031d7031c9c01c640793). Retrieved again at admission on 2026-11-06 (SHA-256 bb36b505f5e05a1e713665691485fc5de4eaaf0115bbf708c5904a0371a4e272; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Lisa D. Cook, “Generative AI, Productivity, the Labor Market, and Choice Behavior”, 2023-09-22. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The quotation (23 words) matched a fresh retrieval of 2026-11-06. Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review. primary source Context only
Generative AI, Productivity, the Labor Market, and Choice Behavior ↗ Board of Governors of the Federal Reserve System · 2023-09-22
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Source excerpt “The views I express here are my own and not those of the Board of Governors of the Federal Reserve System or the Federal Open Market Committee.” Location in source Footnote 1
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Lisa D. Cook Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 f187dca43e687be19daa5a34b8972b26e5a816b43df2031d7031c9c01c640793). Retrieved again at admission on 2026-11-06 (SHA-256 bb36b505f5e05a1e713665691485fc5de4eaaf0115bbf708c5904a0371a4e272; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Lisa D. Cook, “Generative AI, Productivity, the Labor Market, and Choice Behavior”, 2023-09-22. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The text’s own statement of whose views it gives, shown beside the record; it is context, not support. The quotation matched a fresh retrieval of 2026-11-06. No human editorial review. Status and meaning Editorial status. Machine-checked . Machines found this record and checked it against its sources; no person accepted it individually. Each evidence record above shows how it was checked.
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Date. Date the speech or remarks were delivered, as the text gives it.
Record ID am-u06-frb-2023-cook-genai