Prominent economists, tech executives call for new regulatory approach to AI

A group of economists and tech industry figures has called on policymakers to address the risks posed by artificial intelligence more directly.

The signatories outlined their concerns in a public letter published today.

The initiative was organized by economics professors Erik Brynjolfsson, Ajay Agrawal, Anton Korinek and Tom Cunningham. More than half of the 200-plus other signatories to the letter are also economists, and more than a dozen are Nobel Prize laureates.

The brief document calls on policymakers to “build the incentives, guardrails, and institutions needed to steer AI in a direction” that benefits humanity. The letter adds that the regulatory push should include input from economists and technology experts.