Workforce Development
AI labor displacement and the limits of worker retraining
A century ago, Willie Sutton robbed banks with guns “because that was where the money was.” Today, with the rise of online banking, digital transactions, and electronic money, scam artists and fraudsters use phishing emails, hacks, synthetic identities and all sorts of scams to steal from people and financial institutions. In response to this new era of theft, firms are utilizing artificial intelligence programs designed to detect, deter, and stop scams and frauds.
On Wednesday, May 7 the Center on Regulation and Markets at the Brookings Institution convened a panel of leading experts from Block, JP Morgan Chase, and FinRegLab to discuss the potential for AI as a new weapon to fight fraud and scams.
This event is a part of the Center on Regulation and Markets Series on Financial Markets and Regulation. Viewers joined the conversation and asked questions in advance by emailing [email protected] and on X @BrookingsEcon using the hashtag #AIforGood.
Agenda
-
May 7
-
Welcome and introduction
Aaron Klein Miriam K. Carliner Chair - Economic Studies, Senior Fellow - Center on Regulation and Markets @AaronDKlein -
Panel
Brian Boates Risk Lead - Block, Inc.
Kelly Thompson Cochran Deputy Director and Chief Program Officer - FinRegLab
Kip Wainscott Executive Director, Global AI Policy - JPMorgan ChaseModerator
Aaron Klein Miriam K. Carliner Chair - Economic Studies, Senior Fellow - Center on Regulation and Markets @AaronDKlein
-
