Mary Daly

So it's basically trying to manage the bridle so that you get the innovation you want without exposing consumers or other businesses or the society to harm.

So I will say that when I first came to this job in 1996, I am going to work at the San Francisco Federal Reserve.

And I had been to California a year before, down in Southern California at the Rand Institute.

And I remember going to a conference there, and we met a lot of business people thinking about not AI, but something else.

And I came home, and I told my wife, we've got to go there.

It's filled with entrepreneurs.

It's filled with people who have never heard the word no.

They just heard why not, right?

And what's interesting about the 12th District

is all of those people don't live in California.

They live in Utah.

They live in Idaho.

They live in Vegas.

They live in the entire Intermountain West, west of the Rockies.

And I'm not saying anything about other places.

They're all very innovative too.

But there is something here that gives me optimism.

Because it's not that people say, well, AI is coming and let me figure out how to not be eaten up by it.

It's like AI is here.

Let's figure out how to harness this tool to create