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Economic Times Tech
Economic Times Tech
7/13/2026
Economists' open letter urges immediate policy action on AI job displacement risks

Economists' open letter urges immediate policy action on AI job displacement risks

Original: Hundreds of economists say 'we must act now' on AI's economic impact and job displacement risks

Short summary

Hundreds of economists and scientists have signed an open letter urging immediate action on AI's economic impact. They warn AI could displace workers at a scale and speed exceeding the Industrial Revolution. The letter calls for democratic guardrails and incentives to ensure AI benefits all citizens.

  • Open letter from hundreds of economists urges immediate AI action
  • AI displacement could exceed Industrial Revolution in scale and speed
  • Letter calls for democratic guardrails and inclusive AI benefits

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