Worth paying attention to, given the breadth of signatories.

Their statement is brief but compelling:

A Statement on AI’s Transformation of the Economy

- AI may become radically more powerful over the next 10 years.

- This could drive an unprecedented transformation of our economy, larger than the Industrial Revolution, but unfolding over a vastly shorter time frame. It could bring risks, including large-scale job displacement, as well as opportunities such as major gains in living standards.

- Economists, policymakers and technology leaders must act now to understand the economics of transformative AI and to build the incentives, guardrails, and institutions needed to steer AI in a direction that complements humans and benefits society.

https://lnkd.in/ga_pvYEP