An open letter organized by Stanford University’s Digital Economy Lab and signed by more than 200 economists and AI researchers—including 16 Nobel laureates and executives from Anthropic, Google and OpenAI—warns that rapidly advancing artificial intelligence could reshape the economy on a timeline far shorter than the Industrial Revolution. The brief statement urges policymakers and institutions to establish incentives, guardrails and governance to ensure AI augments, rather than displaces, workers. Signatory Yoshua Bengio said the trajectory of development makes a drastic transformation of economies “highly plausible,” highlighting both the risk of large-scale job losses and the potential for sizable gains in living standards.
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