Over 200 economists and AI researchers, including 16 Nobel Prize winners, signed an open letter in July 2026 urging immediate action on AI’s potential economic impact and job displacement risks. The letter, organized by Stanford University’s digital economy lab, warns that AI could drive transformation larger than the Industrial Revolution within a compressed timeframe. Signatories, including Nobel laureates Daron Acemoglu and Simon Johnson, call for developing incentives, guardrails, and institutions to ensure AI benefits society rather than leaving citizens behind as market forces alone determine outcomes.
