Template-Type: ReDIF-Paper 1.0 Author-Name: Douglas Kiarelly Godoy de Araujo Author-X-Name-First: Douglas Author-X-Name-Last: Kiarelly Godoy de Araujo Author-Name: Sebastian Doerr Author-X-Name-First: Sebastian Author-X-Name-Last: Doerr Author-Name: Leonardo Gambacorta Author-X-Name-First: Leonardo Author-X-Name-Last: Gambacorta Author-Name: Bruno Tissot Author-X-Name-First: Bruno Author-X-Name-Last: Tissot Title: Artificial intelligence in central banking Abstract: Central banks have been early adopters of machine learning techniques for statistics, macro analysis, payment systems oversight and supervision, with considerable success. Artificial intelligence brings many opportunities in support of central bank mandates, but also challenges – some general and others specific to central banks. Central bank collaboration, for instance through knowledge-sharing and pooling of expertise, holds great promise in keeping central banks at the vanguard of developments in artificial intelligence. Length: 9 pages Creation-Date: 2024-01-23 File-URL: https://www.bis.org/publ/bisbull84.pdf File-Format: Application/pdf File-Function: Full PDF document File-URL: https://www.bis.org/publ/bisbull84.htm File-Format: text/html Number: 84 Handle: RePEc:bis:bisblt:84