Statement on the AI Economic Transition
erikbryn · x · 2026-07-13
This statement calls for urgent action regarding AI's profound impact on the economy.
The core thesis is that within the next 10 years, AI could become "extremely powerful," bringing unprecedented economic transformation that may exceed the Industrial Revolution but at a much faster pace. It poses risks like massive job displacement but could also significantly improve living standards.
The statement urges economists, policymakers, and tech leaders to start studying the economics of "transformative AI" now, establishing corresponding incentives, guardrails, and institutional arrangements to steer AI in a direction more beneficial to humanity.
Related event: 200+ Scholars and 16 Nobel Laureates Urge Action on AI Economic Shock(43 posts)→
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