OpenAI has employed its first chief economist: Aaron Chatterji, previously the chief economist on the Commerce Division beneath President Joe Biden and a senior economist in President Barack Obama’s Council of Financial Advisers.
Chatterji, who’s additionally a professor of enterprise and public coverage at Duke, will research AI’s financial impacts at OpenAI, main analysis into how AI may affect financial development and job prospects.
Notably, Chatterji helped to coordinate the Biden administration’s implementation of the 2022 CHIPS Act, which approved roughly $280 billion in funding for the event of laptop chips within the U.S. His understanding of the undertaking — and political connections — might assist OpenAI because it undertakes chip design efforts of its personal.
Chatterji wasn’t OpenAI’s solely high-profile rent immediately. The corporate additionally appointed Scott Colleges, former affiliate deputy lawyer basic and Uber’s compliance head, as its new chief compliance officer. He’ll work with OpenAI’s board and groups throughout the corporate on authorized necessities and ethics, OpenAI mentioned.
