Williams argues technology now actively shapes how risk managers perceive and interpret risk, not just manage it.
“This is the critical shift: We are no longer simply using technology to manage risk—we are using technology that is actively shaping how we perceive and interpret risk.”
Williams identifies structural friction between risk functions operating in review cycles and technologies operating in real time.
“We have risk functions that operate in review cycles, but technologies and business processes that operate in real time.”
Williams says New York City employment growth has broadened from healthcare to include technology sector.
“After being driven primarily by healthcare over the past few years, employment growth in and around New York City has broadened to include the technology sector.”
Williams says AI has made previously infeasible economic history research possible by enabling document analysis.
“Sergio, Stephan, and Emil’s work 3 on bank runs, to take what I think will become a representative example, was in a way almost infeasible prior to the ability to smartly read an immense amount of documentation.”