In an interview last week, he said he was not surprised by volatility in the artificial intelligence sector, easing market concerns that overheated AI investment could spill over into the financial system.
Fed's Williams said in an interview last week that artificial intelligence investment will not pose financial stability risks, while adding that he was not surprised by volatility in the AI sector. The remarks suggest regulators do not currently view the AI investment boom as a source of risk that would directly hit the financial system.