Tech Leaders, Economists Call for AI Guardrails to Protect Workers
Tech Leaders, Economists Call for AI Guardrails to Protect Workers
Publish Date: 2026-07-13 16:33:00
Source Domain: www.pymnts.com
- More than 200 economists and AI researchers, including 16 Nobel Laureates and notable figures like former Google CEO Eric Schmidt, have signed a statement stressing the transformative potential of AI in the economy.
- The AI could bring an economic change larger than the Industrial Revolution within a shorter time frame, involving risks like significant job displacement alongside opportunities like improved living standards.
- The statement emphasizes the urgent need for economists, policymakers, and technology leaders to act now, building incentives and regulations to guide AI to benefit society and complement human roles.
- A coordinated effort led by key figures like Erik Brynjolfsson, Ajay Agrawal, Anton Korinek, and Tom Cunningham seeks to influence the direction of AI development to benefit broader populations and avoid wealth concentration.
- The leaders urge proactive measures to steer AI innovation, arguing for timely institutional and strategic adaptation to avoid being left behind during the transformation.
