World's central banks are wary of AI and struggling to quit the dollar, survey shows

Core Insights - Most central banks do not consider Artificial Intelligence (AI) as a core part of their operations, with digital assets being largely disregarded [1][3] - The primary concern regarding AI is its potential to "accelerate future crises," emphasizing the need for human decision-making despite AI's analytical capabilities [2] - A significant majority, 93%, of central banks do not invest in digital assets, viewing tokenization with interest but cryptocurrencies with caution [3] AI Utilization - Early applications of AI in central banks are primarily focused on routine analytical tasks rather than critical areas like risk management or portfolio construction [3] - Over 60% of respondents indicated that AI tools are not yet supporting core operations, despite their implementation leading to layoffs in other sectors [2] Currency and Reserve System - Central banks are shifting towards a multipolar reserve system, with nearly 60% expressing a desire to diversify away from the U.S. dollar, although the dollar remains anchored due to the liquidity of U.S. Treasuries [4] - The status of the dollar as the world's top reserve currency is under scrutiny, with expectations that the euro and China's yuan may benefit, yet the dollar is likely to maintain its dominance in foreign exchange reserves [5]