Hundreds of experts warn the world must prepare now for AI’s impact
Hundreds of experts warn the world must prepare now for AI’s impact More than 200 economists and AI researchers call on leaders to immediately prepare for...
Key points
- Hundreds of experts warn the world must prepare now for AI’s impact More than 200 economists and AI researchers call on leaders to immediately prepare for sweeping economic disruption.
- Hundreds of experts have signed an open letter demanding that policymakers and technology leaders “must act now” to prepare for the economic impact of artificial intelligence.
- The brief letter, released on Monday and organised by Stanford University’s digital economy lab, carries the signature of more than 200 economists and AI researchers, including 16 Nobel laureates.
- To address this impending disruption, the letter calls for governments and industry to create “incentives, guardrails, and institutions” that ensure AI is complementary to humans and beneficial to society.
What happened
Hundreds of experts warn the world must prepare now for AI’s impact More than 200 economists and AI researchers call on leaders to immediately prepare for sweeping economic disruption. Hundreds of experts have signed an open letter demanding that policymakers and technology leaders “must act now” to prepare for the economic impact of artificial intelligence. The brief letter, released on Monday and organised by Stanford University’s digital economy lab, carries the signature of more than 200 economists and AI researchers, including 16 Nobel laureates. To address this impending disruption, the letter calls for governments and industry to create “incentives, guardrails, and institutions” that ensure AI is complementary to humans and beneficial to society. “We cannot improvise our strategy and institutions in the middle of the transformation; waiting for certainty means arriving too late.” The letter comes amid mounting signs of AI’s toll on employment. In December, the United Nations warned that AI could deepen inequality between nations, with wealthier economies reaping early gains, while poorer countries risk being left behind.