1、BIS Bulletin No 84 Artificial intelligence in central banking Douglas Araujo,Sebastian Doerr,Leonardo Gambacorta and Bruno Tissot 23 January 2024 BIS Bulletins are written by staff members of the Bank for International Settlements,and from time to time by other economists,and are published by the Ba
2、nk.The papers are on subjects of topical interest and are technical in character.The views expressed in them are those of their authors and not necessarily the views of the BIS.The authors are grateful to Bryan Hardy and Galo Nuo for comments,Ilaria Mattei and Krzysztof Zdanowicz for excellent resea
3、rch assistance,and to Louisa Wagner for administrative support.The editor of the BIS Bulletin series is Hyun Song Shin.This publication is available on the BIS website(www.bis.org).Bank for International Settlements 2024.All rights reserved.Brief excerpts may be reproduced or translated provided the
4、 source is stated.ISSN:2708-0420(online)ISBN:978-92-9259-738-2(online)BIS Bulletin 1 Douglas AraujoDouglas.Araujobis.orgSebastian DoerrSebastian.Doerrbis.orgLeonardo GambacortaLeonardo.Gambacortabis.orgBruno TissotBruno.Tissotbis.org Artificial intelligence in central banking Long before artificial
5、intelligence(AI)became a focal point of popular commentary and widespread fascination,central banks were early adopters of machine learning methods to obtain valuable insights for statistics,research and policy(Doerr et al(2021),Araujo et al(2022,2023).The greater capabilities and performance of the
6、 new generation of machine learning techniques open up further opportunities.Yet harnessing these requires central banks to build up the necessary infrastructure and expertise.Central banks also need to address concerns about data quality and privacy as well as risks emanating from dependence on a f