Hundreds of economists and other AI-related experts are urging governments and technology companies to take action over artificial intelligence’s potential economic effects, including the risk of job displacement. Multiple outlets report that the signatories issued an open letter calling for institutions to act “now” as AI systems could transform how the economy works and potentially displace many workers. The warnings are framed as preparation for economic change rather than a call to halt AI development. Several sources say the letter is backed by prominent figures across academia and industry, including Nobel laureates and well-known researchers, as well as tech leaders and representatives from companies such as OpenAI, Google, and Anthropic. While specific policy proposals are not detailed in the provided excerpts, the letter’s central message is that policymakers and other institutions should begin addressing the potential impacts of AI on employment and the broader economy. The sources also characterize the risk as potentially large-scale and occurring quickly enough to require urgent planning.