OpenAI makes high-profile appointment of first economist, worked under Obama, Biden

recently,OpenAI An important announcement was madePersonnel appointmentsAaron Chatterji, former chief economist at the U.S. Department of Commerce, became the company's first chief economist.

The former economist, who worked under President Joe Biden, will provide an economics perspective to OpenAI's research, focusing on the impact of artificial intelligence (AI) on economic growth and job prospects.

OpenAI makes high-profile appointment of first economist, worked under Obama, Biden

Not only does Chatterjee have an extensive background in government, he served as a senior economist on President Barack Obama's Council of Economic Advisors. He is also a professor of business and public policy at Duke University, where he has a strong academic foundation and practical experience. When he joins OpenAI, he will lead a team that will delve into how AI can play a role in the economy, and explore the opportunities and challenges it may bring.

Notably, Chatterjee played a key role in the development of the 2022 U.S. Chip Act, which authorizes approximately $280 billion in funding for U.S. computer chip research and development. His knowledge of the program and connections in politics will provide valuable support for OpenAI's efforts in chip design.

In addition to Chatterjee, OpenAI also hired Scott Schools as Chief Compliance Officer that day. He was previously an assistant to the U.S. deputy attorney general and head of compliance at Uber. Schools will coordinate legal requirements and ethical standards across OpenAI's board and teams to ensure that the company complies with regulations as it grows rapidly.

This executive appointment demonstrates that OpenAI is working to find a better balance between technology development and compliance and economic research to build a solid foundation for future growth.

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