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The
statement released Monday was signed by top economists, along
with computer scientists and some executives at tech companies
including Anthropic, Google and OpenAI.
“AI may become radically more powerful over the next 10 years,”
says the letter organized by Stanford University's digital
economy lab. “This could drive an unprecedented transformation
of our economy, larger than the Industrial Revolution, but
unfolding over a vastly shorter time frame. It could bring
risks, including large-scale job displacement, as well as
opportunities such as major gains in living standards.”
The letter, which has only four sentences, says leaders must
“build the incentives, guardrails, and institutions needed to
steer AI in a direction that complements humans and benefits
society.”
The Stanford lab says the letter has so far been signed by more
than 200 economists and AI researchers, including 16 winners of
a Nobel Prize.
Computer scientist and AI pioneer Yoshua Bengio was among the
signatories and said in a separate statement that based on the
trajectory of AI development, “it is highly plausible that AI
will drastically transform our economies.”
“We must be intentional and make collective, democratic choices,
rather than letting market forces play out and risking leaving
most citizens behind,” wrote Bengio, a professor at the
University of Montreal.
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