In AI-simulated Fed meeting, political pressure polarises board

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A simulated Federal Reserve meeting that used artificial intelligence agents modeled on real-life policymakers showed political pressure polarised members of the board in their rate-setting deliberations.

In the study released on August 31, academics at George Washington University simulated a Federal Open Market Committee meeting using AI agents modeled by each member based on their historical policy stances, biographies and speeches.

The AI FOMC was then made to process real-time economic data and financial news to reach a decision.

The findings…



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In AI-simulated Fed meeting, political pressure polarises board



A simulated Federal Reserve meeting that used artificial intelligence agents modeled on real-life policymakers showed political pressure polarised members of the board in their rate-setting deliberations.

In the study released on August 31, academics at George Washington University simulated a Federal Open Market Committee meeting using AI agents modeled by each member based on their historical policy stances, biographies and speeches.

The AI FOMC was then made to process real-time economic data and financial news to reach a decision.

The findings…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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