Read the letter Eric Schmidt, Reid Hoffman, and top economists signed warning about AI's threat to jobs
Over 200 prominent economists and tech leaders, including Eric Schmidt and Reid Hoffman, have signed a letter warning that AI could cause large-scale job displacement. The group calls for urgent policy guardrails to ensure AI development benefits society rather than disrupting the economy.
Why it matters
The involvement of high-profile industry figures highlights growing consensus among experts that AI's economic impact requires immediate regulatory attention.
Ex-Google CEO Eric Schmidt is among the big-name signatories of the letter. Bloomberg/Bloomberg via Getty Images More than 200 top economists, execs, and researchers warned about AI's potential impact on jobs. An 88-word letter published on Monday calls for stronger guardrails as AI becomes more powerful. Ex-Google CEO Eric Schmidt and Anthropic cofounder Jack Clark are among the signatories. More than 200 top economists, executives, and researchers — including over a dozen Nobel Prize winners — have signed a letter warning about AI's potential threat to jobs . The 88-word-long letter, titled "We Must Act Now," says that AI could become "radically more powerful" in the coming decade, and argues that policymakers worldwide need to do more to build guardrails for the technology or risk "large-scale job displacement."
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