{"id":15150,"date":"2024-10-22T17:00:10","date_gmt":"2024-10-22T17:00:10","guid":{"rendered":"https:\/\/medexperts.pro\/?p=15150"},"modified":"2024-10-22T17:26:59","modified_gmt":"2024-10-22T17:26:59","slug":"openai-hires-aaron-chatterji-to-be-its-chief-economist","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=15150","title":{"rendered":"OpenAI Hires Aaron Chatterji to Be Its Chief Economist"},"content":{"rendered":"<div><\/div>\n<p id=\"article-summary\" class=\"css-79rysd e1wiw3jv0\">Aaron Chatterji was chief economist at the Commerce Department under President Biden and served on President Obama\u2019s Council of Economic Advisers.<\/p>\n<section class=\"meteredContent css-1r7ky0e\">\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">OpenAI, where executives and researchers dream of <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/09\/25\/technology\/openai-raise-money.html\" title>building artificial intelligence<\/a> that could one day change the world, has hired a chief economist with ties to two Democratic presidential administrations.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">OpenAI said on Tuesday that it had hired Aaron \u201cRonnie\u201d Chatterji, a professor of business and public policy at Duke University\u2019s Fuqua School of Business. He previously served as a senior economist in President Barack Obama\u2019s Council of Economic Advisers and as chief economist at the Commerce Department under President Biden.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The addition of a chief economist is indicative of OpenAI\u2019s enormous ambition and where its executives see their company in the tech industry\u2019s pecking order. Silicon Valley giants like Google and Facebook hired seasoned economists early in their transformations from promising start-ups into trillion-dollar companies whose technologies changed global markets.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">OpenAI hopes to eventually build A.I. that changes office work, scientific research and many other tasks, and the company acknowledges that its technologies could eventually replace some workers. The company has also spent months <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/09\/25\/business\/openai-plan-electricity.html\" title>negotiating with investors, chipmakers and governments<\/a> around the world to build new chip-making plants and expand the pool of computer data centers used to build advanced A.I.<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"Dropzone-1\"><\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cWe are going to need big investment from both the public and the private sector to make sure this infrastructure is in place, so that we can remain competitive as a country and harness the benefits of the technology,\u201d Dr. Chatterji said in an interview with The New York Times.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The move is also the latest in a <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/09\/03\/technology\/openai-chatgpt-revenue.html\" title>line of high-profile hires and appointments<\/a> by the San Francisco start-up as it attempts to move past a year of turmoil. Last November, four members of the OpenAI board <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2023\/11\/17\/technology\/openai-sam-altman-ousted.html\" title>ousted its chief executive<\/a>, Sam Altman. He was <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2023\/11\/22\/technology\/openai-sam-altman-returns.html\" title>reinstated five days later<\/a> after Microsoft, the company\u2019s biggest investor, offered to hire its entire staff.<\/p>\n<div class=\"css-1336jj\">\n<div class=\"css-121kum4\">\n<div class=\"css-171d1bw\"><\/div>\n<div class=\"css-asuuk5\">\n<div class=\"css-7axq9l\" data-testid=\"optimistic-truncator-noscript\">\n<div data-testid=\"optimistic-truncator-noscript-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">We are having trouble retrieving the article content.<\/p>\n<p class=\"css-3kpklk\">Please enable JavaScript in your browser settings.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-1dv1kvn\" id=\"optimistic-truncator-a11y\">\n<hr \/>\n<p>Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0<a href=\"https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&amp;client_id=vi&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F10%2F22%2Ftechnology%2Fopenai-chief-economist.html&amp;asset=opttrunc\">log into<\/a>\u00a0your Times account, or\u00a0<a href=\"https:\/\/www.nytimes.com\/subscription?campaignId=89WYR&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F10%2F22%2Ftechnology%2Fopenai-chief-economist.html\">subscribe<\/a>\u00a0for all of The Times.<\/p>\n<hr \/>\n<\/div>\n<div class=\"css-1g71tqy\">\n<div data-testid=\"optimistic-truncator-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">Thank you for your patience while we verify access.<\/p>\n<p class=\"css-3kpklk\">Already a subscriber?\u00a0<a data-testid=\"log-in-link\" class=\"css-z5ryv4\" href=\"https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&amp;client_id=vi&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F10%2F22%2Ftechnology%2Fopenai-chief-economist.html&amp;asset=opttrunc\">Log in<\/a>.<\/p>\n<p class=\"css-3kpklk\">Want all of The Times?\u00a0<a data-testid=\"subscribe-link\" class=\"css-z5ryv4\" href=\"https:\/\/www.nytimes.com\/subscription?campaignId=89WYR&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F10%2F22%2Ftechnology%2Fopenai-chief-economist.html\">Subscribe<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Aaron Chatterji was chief economist at the Commerce Department under President Biden and served on President Obama\u2019s Council of Economic Advisers.OpenAI, where executives and researchers dream of building artificial intelligence that could one day change the world, has hired a chief economist with ties to two Democratic presidential administrations.OpenAI said on Tuesday that it had hired Aaron \u201cRonnie\u201d Chatterji, a professor of business and public policy at Duke University\u2019s Fuqua School of Business. He previously served as a senior economist in President Barack Obama\u2019s Council of Economic Advisers and as chief economist at the Commerce Department under President Biden.The addition of a chief economist is indicative of OpenAI\u2019s enormous ambition and where its executives see their company in the tech industry\u2019s pecking order. Silicon Valley giants like Google and Facebook hired seasoned economists early in their transformations from promising start-ups into trillion-dollar companies whose technologies changed global markets.OpenAI hopes to eventually build A.I. that changes office work, scientific research and many other tasks, and the company acknowledges that its technologies could eventually replace some workers. The company has also spent months negotiating with investors, chipmakers and governments around the world to build new chip-making plants and expand the pool of computer data centers used to build advanced A.I.\u201cWe are going to need big investment from both the public and the private sector to make sure this infrastructure is in place, so that we can remain competitive as a country and harness the benefits of the technology,\u201d Dr. Chatterji said in an interview with The New York Times.The move is also the latest in a line of high-profile hires and appointments by the San Francisco start-up as it attempts to move past a year of turmoil. Last November, four members of the OpenAI board ousted its chief executive, Sam Altman. He was reinstated five days later after Microsoft, the company\u2019s biggest investor, offered to hire its entire staff.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":15152,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-15150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/15150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15150"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/15150\/revisions"}],"predecessor-version":[{"id":15153,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/15150\/revisions\/15153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/15152"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}