Recently, OpenAI, the parent company of ChatGPT, announced a significant personnel appointment by hiring former White House official Aaron Chatterji as its inaugural Chief Economist. Chatterji will lead OpenAI’s research on the economic impacts of artificial intelligence, providing strategic guidance to the startup at the forefront of the generative AI boom.

Chatterji boasts extensive experience in government and a strong academic background. He is currently a Professor of Business and Public Policy at Duke University and previously served as the coordinator for CHIPS—a $52.7 billion U.S. semiconductor manufacturing and research subsidy initiative—at the White House, overseeing its implementation. Additionally, he held the position of Chief Economist at the Department of Commerce in President Joe Biden's administration and was a Senior Economist on former President Barack Obama's Economic Advisory Council.

In his new role, Chatterji will focus on examining the potential effects of artificial intelligence on economic growth and job creation. OpenAI stated that this research will encompass various aspects, including the impact of building AI infrastructure on the global economy and insights into long-term labor market trends.

OpenAI warmly welcomes Chatterji's addition and looks forward to his leadership injecting new momentum into the company's growth. Chatterji's expertise and extensive experience will provide valuable strategic guidance to OpenAI, aiding the company in better understanding and addressing the challenges and opportunities that artificial intelligence presents to the economy and society.

This appointment also underscores OpenAI's emphasis on the economic implications of artificial intelligence. As generative AI technologies continue to advance, their impact on the economy and society is becoming increasingly significant.