1,000 Economists Warn AI Could Trigger Large-Scale Job Losses, Including 17 Nobel Laureates
Updated
Updated · The Wall Street Journal · Jul 31
1,000 Economists Warn AI Could Trigger Large-Scale Job Losses, Including 17 Nobel Laureates
3 articles · Updated · The Wall Street Journal · Jul 31
Summary
More than 1,000 economists signed an online petition this month warning that artificial intelligence could cause large-scale job displacement and calling for action.
Seventeen Nobel laureates joined the appeal, an unusual step in a field that typically treats labor-saving technology and worker displacement as a normal part of economic progress.
The petition was circulated by Stanford economist Erik Brynjolfsson, underscoring how AI is shifting debate from productivity gains toward risks to employment.
The warning signals growing concern that AI may disrupt labor markets on a scale economists increasingly see as different from earlier waves of automation.