OpenAI Brings On Former Commerce Department Economist and Veteran Compliance Officer
OpenAI appoints Aaron Chatterji as its first chief economist and Scott Schools as its new chief compliance officer. These high-profile hires bring deep government experience to the AI company.
OpenAI hires Aaron Chatterji as its first chief economist to lead research into how artificial intelligence affects economic growth and job prospects. Chatterji brings extensive government experience to the role, having previously served as the chief economist at the Commerce Department under President Joe Biden and as a senior economist in President Barack Obama's Council of Economic Advisers. He also holds a position as a professor of business and public policy at Duke University.
His background proves highly relevant to OpenAI's current business operations because Chatterji helps coordinate the Biden administration's implementation of the 2022 CHIPS Act. This legislation authorizes roughly $280 billion in funding for domestic computer chip development, and his deep understanding of this initiative provides a significant advantage as OpenAI pursues chip design efforts of its own. His political connections further bolster the company's strategic positioning.
In addition to Chatterji, OpenAI appoints Scott Schools as its new chief compliance officer. Schools previously serves as the associate deputy attorney general and acts as the head of compliance at Uber. In his new role, he works closely with OpenAI's board and various internal teams to navigate legal requirements and ethical considerations surrounding the company's advanced AI technologies.