More than 200 economists, researchers, and tech leaders signed a short statement called “We Must Act Now.” Released on July 13, it warns that AI may become radically more powerful in the next 10 years. This could create economic changes bigger than the Industrial Revolution but in a much shorter time. Signers include 15 Nobel laureates, economists from OpenAI and Anthropic, Google DeepMind’s chief scientist, and former Google CEO Eric Schmidt. The group points to risks like large-scale job displacement alongside chances for higher living standards. They urge policymakers and tech leaders to build better research, incentives, and institutions right away so AI helps rather than replaces workers. Previous tech shifts gave society decades to adjust. This one may give only a few years.
More than 200 economists, researchers, and tech leaders signed a short statement called “We Must Act Now.” Released on July 13, it warns that AI may become radically more powerful in the next 10 years. This could create economic changes bigger than the Industrial Revolution but in a much shorter time. Signers include 15 Nobel laureates, economists from OpenAI and Anthropic, Google DeepMind’s chief scientist, and former Google CEO Eric Schmidt. The group points to risks like large-scale job displacement alongside chances for higher living standards. They urge policymakers and tech leaders to build better research, incentives, and institutions right away so AI helps rather than replaces workers. Previous tech shifts gave society decades to adjust. This one may give only a few years.