Podcast: AI accountability in central banks
Transparency and explainability thresholds rise with risk and impact
Central banks are using artificial intelligence for faster, more precise data analysis, anomaly detection and risk management to improve efficiency, insights and decision-making.
However, AI should never be a substitute for accountability, say the International Monetary Fund’s legal experts Marianne Bechara, Alessandro Gullo and Federica Giordano.
Indeed, existing statutory immunities and good faith protections may be strained if officials rely on AI without meaningful oversight. Explainability
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