Developments in the development of generative artificial intelligence (GenAI) in 2023 have motivated extra reserve banks to study exactly how they can use AI in their everyday operations.
On the interactions front, some central banks are already making use of AI devices to aid their job– most especially in areas such as video manufacturing, transcription and note-taking. These consist of the Dutch and Hungarian central banks. Many others, nevertheless, are still cautious regarding adopting the innovation, given that it could
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