We Returned From China. We Realized Our Century’s Biggest Challenge.
Artificial intelligence has the potential to drive economic growth and improve lives, but it also raises important questions about jobs, public trust, and economic stability. In a recent New York Times opinion piece, former Google CEO Eric Schmidt and technology analyst Selina Xu argue that the future of AI depends on finding the right balance between innovation and responsible policymaking. They note that while AI offers tremendous opportunity, societies must also address concerns about workforce disruption and ensure the benefits of AI are broadly shared.
As AI continues reshaping the economy, policymakers have an opportunity to create a framework that encourages innovation while helping Americans benefit from AI's growth. An AI Dividend Trust Fund could provide a financial safety net during workforce transitions while ensuring the economic gains created by AI are shared more broadly.