Statement on AI Reshaping the Economy
sebkrier · x · 2026-07-14
This is a public statement regarding AI and the economy, with the following core conclusions:
- AI is likely to become significantly more capable over the next 10 years.
- This progress could massively reshape the economy similarly to the Industrial Revolution, but over a much shorter timeframe.
- The impact involves both risks, such as large-scale job displacement, and opportunities, like significant improvements in living standards.
- The authors urge economists, policymakers, and tech leaders to act swiftly, study the economics of transformative AI, and establish appropriate incentives, guardrails, and institutions to ensure AI aligns well with humanity.
Related event: 200+ Scholars and 16 Nobel Laureates Urge Action on AI Economic Shock(43 posts)→
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