A broad coalition of more than 200 researchers and economists, including 15 Nobel laureates, has issued a joint call for governments and technology leaders to urgently establish policies and institutions to manage the economic effects of artificial intelligence.
The group, which includes researchers from major AI developers such as OpenAI, Anthropic, and Google, argues that the rapid advancement of AI technologies requires immediate regulatory attention to prevent adverse societal outcomes.
The experts warn that without proactive governance, the widespread adoption of AI could lead to significant economic disruption, including job displacement and widening inequality.
They emphasize the need for international cooperation to create frameworks that ensure the benefits of AI are distributed fairly while mitigating risks to labor markets and social stability.
This appeal comes as central banks and policymakers increasingly grapple with the macroeconomic implications of AI.
The Federal Reserve recently expanded its external advisory network to include prominent AI experts, signaling a growing recognition of the technology's impact on economic forecasting and monetary policy.