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ABOUT THE EPISODE João Gomes discusses the rising public debt which is limiting the resources available for future investment, including AI and digitalization. Itay Goldstein explains how AI is reshaping finance, creating both efficiency gains and new risks for market stability and regulation. Both professors discuss how pressure on the Federal Reserve, geopolitical conflict, and financial fragmentation are shaping the path of the global financial system. ABOUT THE PODCAST Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Subscribe on Apple Podcasts: https://whr.tn/3HEgNYs Subscribe on Spotify: https://whr.tn/475stOb Watch/listen on the Knowledge at Wharton website: https://whr.tn/rippleeffect #FutureofFinance #AIinFinance #CentralBanking #FiscalPolicy #MonetaryPolicy #EconomicPolicy ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends Interviews with book authors from Wharton School Press In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders A searchable database of more than 10,000 articles covering all aspects of business A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU