OpenAI has appointed Aaron Chatterji as its first chief economist, previously serving in the Biden administration and as a professor at Duke University. Chatterji will focus on researching AI's effects on economic growth and employment opportunities. He was instrumental in the implementation of the 2022 CHIPS Act, which allocated $280 billion for U.S. chip development. Alongside Chatterji, Scott Schools has been hired as chief compliance officer to oversee legal and ethical standards at OpenAI. These strategic hires signal OpenAI's commitment to addressing the economic implications of artificial intelligence.