Bank of Italy governor Fabio Panetta says the central bank is in talks with major artificial intelligence companies as part of efforts to address Italy’s long-running productivity challenges. Panetta made the remarks at the central bank’s annual assembly, where he also argued that AI could play a role in improving productivity. Unlike many central bankers, who typically avoid naming specific technology firms they are engaging with, Panetta directly indicated that the bank is already communicating with companies building AI systems, while not providing detailed information about which firms are involved or the scope of the discussions. The reports from The Next Web and Channel NewsAsia describe Panetta’s comments as a public acknowledgement of ongoing engagement with global AI providers. Overall, both outlets focus on the governor’s message about AI’s potential economic value and the unusual transparency about the fact that the Bank of Italy is already working with or speaking to major AI companies.
Bank of Italy governor says it is engaging global AI firms
Bank of Italy governor Fabio Panetta says the central bank is in talks with major artificial intelligence companies as part of efforts to address Italy’s long-running productivity challenges. Panetta...
- Bank of Italy governor Fabio Panetta says the central bank is talking with major global AI firms.
- Panetta makes the remarks at the Bank of Italy’s annual assembly.
- He links AI to addressing Italy’s chronic productivity problem.
- Central bank officials typically do not name specific technology firms, but Panetta indicates the bank is engaging with AI builders.
- The reports do not specify which AI companies are involved or provide details of the talks.
Governor Fabio Panetta used the central bank’s annual assembly to pitch AI as a fix for Italy’s chronic productivity problem, and to say the bank is already engaging the firms building it. Central bankers do not usually go out of their way to say which technology companies they are speaking to. Fabio Panetta did. At […] This story continues at The Next Web
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