More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and ​Google, have called for governments and technology leaders ‌to urgently create policies and institutions to address the economic impact of AI. They issued the jointly signed statement on Monday, warning ​that AI could drive a larger economic transformation ​than the Industrial Revolution but one that is “vastly ⁠shorter” in time frame, raising questions for workers, ​companies and public institutions. The statement has called for deeper research ​on AI’s economic impacts and to start building policies and institutions required to ensure the technology benefits society and to navigate risks ​such as large-scale job displacement. “Steam, electricity, and computers ​each gave societies decades to adapt. AI may give us only a ‌few ⁠years,” said Anton Korinek, professor at the University of Virginia. “We cannot improvise our strategy and institutions in the middle of the transformation; waiting for certainty means arriving ​too late.”

Full report : Nearly 200 Economists and Tech Leaders Warn of A.I. Threats.