Nearly $1B Committed to Fund Research on AI's Economic and Labor Impacts

RishiBommasani · x · 2026-07-23

Stanford professor Christopher Manning highlighted a massive influx of funding—approaching $1 billion—aimed at navigating AI's economic and labor impacts. Key initiatives include a $200M Economic Futures Research Fund, OpenAI's Economic Futures program (at least $250M), and Sec. Raimondo's RAISE US initiative ($500M, partially funded by OAIF and AI). This underscores a systemic effort to understand and mitigate the societal transition caused by powerful AI.

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