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.