Stanford Digital Economy Lab
Coverage of Stanford Digital Economy Lab in the Nexus archive.
- Read the letter Eric Schmidt, Reid Hoffman, and top economists signed warning about AI's threat to jobs
More than 200 economists, executives, and researchers signed an 88-word letter titled 'We Must Act Now' warning about AI's potential to cause large-scale job displacement. The letter, organized by Stanford Digital Economy Lab, calls for stronger guardrails as AI becomes 'radically more powerful' in the next decade. Signatories include Eric Schmidt, Reid Hoffman, Nobel laureates, and leaders from Google, Anthropic, and OpenAI.
- It’s time to address the looming crisis in entry-level work.
A 2025 Stanford study and 2026 Anthropic report reveal a 16% relative decline in employment for 22–25-year-olds in AI-exposed entry-level roles, while more experienced workers and low-AI-exposure jobs remain unaffected. The article urges reforms in education, government incentives, and corporate training to address AI's impact on early-career opportunities.