SAN FRANCISCO (AP) – Hundreds of economists said in an open letter that financial institutions “must act now” to address any problems. artificial intelligence It could completely change the economy and put many people out of work.
The statement released Monday was signed by top economists, as well as computer scientists and business executives. high tech companies Anthropic, Google, OpenAI, and more.
“AI has the potential to become dramatically more powerful over the next decade,” says the letter, organized by Stanford University’s Digital Economy Lab. “This could trigger an unprecedented transformation of our economy, larger in scale than the Industrial Revolution but unfolding over a much shorter period of time. It could bring opportunities, such as significant improvements in living standards, but also risks, such as mass job displacement.”
The four-sentence letter says leaders must “build the incentives, guardrails, and institutions necessary to guide AI in a direction that complements humans and benefits society.”
The letter has been signed by more than 200 economists and AI researchers, including 16 Nobel laureates, the Stanford University lab said.
Computer scientist and AI pioneer Yoshua Bengio, one of the signatories, said in a separate statement that given the trajectory of AI development, “the potential for AI to dramatically transform our economy is very high.”
“Instead of letting market forces do their thing and risk leaving large segments of the population behind, we must make deliberate collective and democratic choices,” said Bengio, a professor at the University of Montreal.
