Economists say 'we must act now' on AI's economic impact, job displacement risks
- Posted on July 13, 2026
- By Google News
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- 1 min read
A coalition of economists is calling for immediate policy intervention to mitigate artificial intelligence's transformative effects on labor markets and economic stability. Experts warn that without proactive measures, AI-driven automation could accelerate job displacement across multiple sectors, widening income inequality and creating socioeconomic challenges. The group advocates for comprehensive strategies including workforce retraining programs, social safety nets, and regulatory frameworks to ensure equitable distribution of AI's economic benefits while protecting vulnerable workers from technological disruption.
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