Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Dani Oh

'AI May Give Us Only a Few Years': Nobel Economists Warn AI Could Trigger Historic Economic Shift

An artistic depiction of robotic faces, showcasing intricate digital designs and textures (Credit: denflinkegrafiker/Pixabay)

More than 200 economists, AI researchers and technology leaders, including 16 Nobel laureates, have warned that artificial intelligence could trigger an economic upheaval larger than the Industrial Revolution and that governments may have only a narrow window to prepare.

The four-sentence statement, along with a press release published on Monday by Stanford University's Digital Economy Lab, argues that increasingly powerful AI could transform the global economy over a much shorter period than past technological shifts. That concern was echoed by economist Anton Korinek, one of the organisers, who warned that 'AI may give us only a few years' to adapt, unlike previous technological revolutions that unfolded over decades.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.