Federal Reserve Governor Christopher Waller stated that the US central bank is progressing with the systematic deployment of artificial intelligence across its regional banks and headquarters to implement this groundbreaking technology. "I have not witnessed a technological revolution of this magnitude in my lifetime," Waller said in prepared remarks delivered at a conference organized by the Federal Reserve Bank of Boston on Tuesday. He indicated that the Fed's system prioritizes a model that shares standards and infrastructure while maintaining decentralization in monetary policy and economic research. The deployment of AI aims to provide broad access for all employees, offer dedicated tools for developers, and embed relevant functionalities into enterprise-level workflows. The Federal Reserve will establish clear guardrails for the use of AI to mitigate risks related to data protection, model risk, bias, and operational resilience.