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Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks

  • Posted on July 13, 2026
  • By The Toronto Star
  • 0 Views
  • 1 min read
In brief

A coalition of prominent economists has issued a collective statement urging policymakers and business leaders to proactively address artificial intelligence's potential to reshape labor markets and economic structures. The letter emphasizes the urgent need for comprehensive strategies to mitigate job displacement risks, ensure equitable economic transitions, and establish regulatory frameworks before AI-driven disruption accelerates. Experts advocate for immediate intervention through education reform, social safety nets, and inclusive policy development.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks
Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks

SAN FRANCISCO (AP) — Hundreds of economists say in an open letter that institutions “must act now” to address how artificial intelligence could transform the economy and could put many
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Author
The Toronto Star

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