
Central banks use ‘hackathons’ to promote innovation
Key risks from AI paradigm shift will be reputational, panellists say

When it comes to incorporating artificial intelligence, central bankers need to be curious and run lots of experiments. This was the message from panellists at the innovation and artificial intelligence stream at Central Banking’s Summer Meetings in London today (June 11).
Discussing how to cultivate technological innovation – both internally and in their own jurisdiction’s economy – while balancing stability, a participant from a central bank in Africa said “every innovation comes with
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