Turkish-American economist; MIT professor; Nobel laureate (2024)
A Bloomberg analysis finds that AI may help offset the impact of an aging population on the labor force, though the net effect on growth is unclear. Earlier studies suggest tech may raise output per worker as the workforce shrinks.
Economists and AI researchers warn that AI could drive a transformation larger than the Industrial Revolution within a decade, bringing risks like job displacement but also rising living standards. The Stanford-led letter urges governments and industry to build incentives, guardrails, and institutions to steer AI so it complements humans.