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Technology and innovation

  • Dallas Fed Economics

    International comparisons show AI effect on productivity

    Because AI use varies across countries, we can draw on international data to investigate the relationship between AI exposure and productivity growth at the sector level. The positive relationship in the U.S. fits a pattern visible among countries and appears related to high AI use.

  • Economic Surveys

    Special Questions

    The Dallas Fed asked a series of special questions on artificial intelligence in the May Texas Business Outlook Surveys.

  • Dallas Fed Economics

    AI is simultaneously aiding and replacing workers, wage data suggest

    Artificial intelligence’s impact on the labor market will depend on whether the technology automates or augments worker tasks.

  • Working Paper

    Investing in the Shadows: FinTech Growth and Mortgage Market Dynamics 

    The adoption of new technologies is widely viewed as a key driver of the rapid growth of nonbanks in the U.S. mortgage market after the Global Financial Crisis (GFC). This paper studies technology investment by mortgage lenders and its implications for post-GFC market structure.

  • Dallas Fed Economics

    How AI debt financing impacts duration supply and interest rates

    Financing needs related to AI data center investments are likely to be large and persistent. While the overall economics of such investments remains a topic of much debate, the duration supply implications for U.S. interest rate markets have received less attention.

  • At the Heart of Texas

    Dallas–Plano–Irving: Texas’ business and financial services hub

    Dallas serves as the business and financial services center for the state and has evolved into a major high-tech, aerospace and defense, and transportation hub. Dallas is the state’s top migrant destination, attracting residents from other states and abroad.

  • Dallas Fed Economics

    Utility-scale solar shines in Texas despite tariffs, federal policy changes

    Texas is now the top state for utility-scale solar power generation capacity. However, developers of new solar projects face a changing operating environment, one lacking strong federal policy support but also featuring cost-boosting tariffs on imported solar module components.

  • Dallas Fed Communities

    How might artificial intelligence affect Texas’ good jobs?

    Recent Dallas Fed research emphasizes that AI can either help or replace workers depending on the nuance of their occupations. But how might AI affect jobs that don’t require bachelor’s degrees but still pay self-sustaining wages?

  • Dallas Fed Banking

    Innovation promises efficiencies in remittances, if regulation can keep up

    As payments technologies evolve faster than the rules governing them, understanding both the mechanics and policy trade-offs of cross-border transfers is increasingly important.

  • Speeches and essays

    Keynote speaker introduction for the Chicago Payments Symposium

    Dallas Fed President Logan shares an overview of how the Federal Reserve is working to modernize and innovate the payments system.