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We Must Act Now

wemustactnow.ai · 1,117 words · saved by 2 readers

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. Erik Brynjolfsson, Stanford University Ajay Agrawal, University of Toronto Anton Korinek, University of Virginia and Anthropic Tom Cunningham, METR Michael Spence, New York University* Daron Acemoglu, MIT* Diane Coyle, University of Cambridge Chad Jones, Stanford University David Autor, MIT Joseph Stiglitz, Columbia University* Niall Ferguson, Stanford University Jason Furman, Harvard University Simon Johnson, MIT* Christopher A. Pissarides, London School of Economics

Signatories Erik Brynjolfsson, Stanford University Ajay Agrawal, University of Toronto Anton Korinek, University of Virginia and Anthropic Tom Cunningham, METR Michael Spence, New York University* Daron Acemoglu, MIT* Diane Coyle, University of Cambridge Chad Jones, Stanford University David Autor, MIT Joseph Stiglitz, Columbia University* Niall Ferguson, Stanford University Jason Furman, Harvard University Simon Johnson, MIT* Christopher A. Pissarides, London School of Economics* Paul Milgrom, Stanford University* George Akerlof, Georgetown University and University of…

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