We Must Act Now
A Statement on AI’s Transformation of the Economy #
**AI may become radically more powerful over the next 10 years.****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.
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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 California, Berkeley*
Philippe Aghion, INSEAD*
Dan Hendrycks, Center for AI Safety
Eric Schmidt, Former CEO of Google
Peter Howitt, Brown University*
Oliver D. Hart, Harvard University*
Bengt Holmstrom, MIT*
Alvin Roth, Stanford University*
Michael Kremer, University of Chicago*
Roger B. Myerson, University of Chicago*
Paul Krugman, Graduate Center of the City University of New York*
Ben Bernanke, Brookings Institution*
Pascual Restrepo, Yale University
Jaan Tallinn, University of Cambridge
Daniel Susskind, Gresham College
Yoshua Bengio, Université de Montréal, LawZero and Mila
Gillian Hadfield, Johns Hopkins University
Raffaella Sadun, Harvard Business School
Tyler Cowen, George Mason University
Reid Hoffman, Greylock
Wojciech Zaremba, OpenAI Foundation
David J. Deming, Harvard University
Jack Clark, Anthropic
Ronnie Chatterji, OpenAI
Dean Ball, OpenAI
Jeff Dean, Google
Joshua Gans, University of Toronto
Abhishek Nagaraj, University of California, Berkeley
Jeffrey Sachs, Columbia University
Peter McCrory, Anthropic
Alex Imas, University of Chicago
Stephanie Bell, Partnership on AI
Rebecca Finlay, Partnership on AI
Gina Raimondo, RAISE US
Yann LeCun, Advanced Machine Intelligence Labs
John McHale, University of Galway
Oskar Nordström Skans, Uppsala University
Ebehi Iyoha, Harvard Business School
Kevin Bryan, University of Toronto
Judy Chevalier, Yale University
Shannon Liu, University of Toronto
Shai Bernstein, Harvard Business School
Alexander Oettl, Emory University
Benjamin Jones, Northwestern University
Scott Stern, MIT
Hong Luo, University of Toronto
Amir Sariri, Purdue University
John List, University of Chicago
Rebecca Henderson, Harvard Business School
Ben Weidmann, University College London
Kristina McElheran, University of Toronto
Basil Halperin, University of Virginia
Christian Catalini, MIT
Rembrand Koning, Harvard Business School
Lee Lockwood, University of Virginia
Daniel Trefler, University of Toronto
Annie Liang, Northwestern University
Anders Humlum, University of Chicago
Jonathan Colmer, University of Virginia
Maria del Rio-Chanona, University College London
Janice Stein, University of Toronto
David Yanagizawa-Drott, University of Zurich
Frank Neffke, Complexity Science Hub
Eva Vivalt, University of Toronto
Doh-Shin Jeon, Toulouse School of Economics
Adam Posen, Peterson Institute for International Economics
Jakub Growiec, SGH Warsaw School of Economics
David Hémous, University of Zurich
Elliott Ash, ETH Zurich
Klaus Prettner, Vienna University of Economics and Business
Donghyun Suh, Bank of Korea
Benjamin Moll, London School of Economics
Philipp Schmidt-Dengler, University of Vienna
Olivier Blanchard, Peterson Institute for International Economics
Emilio Calvano, LUISS University of Rome
John Van Reenen, London School of Economics
Maryam Farboodi, Cornell University
Sholto Douglas, Anthropic
John Schulman, Thinking Machines
Martin Beraja, University of California, Berkeley
John Fernald, INSEAD
Boaz Barak, Harvard University and OpenAI
Arnaud Costinot, MIT
Noam Brown, OpenAI
Anna Salomons, Tilburg University and Utrecht University
Olivier Jeanne, Johns Hopkins University
Neil Thompson, MIT
Simone Daniotti, Utrecht University
Jerry Yang, AME Cloud Ventures
Leonardo Gambacorta, Centre for Economic Policy Research
Daniel Kokotajlo, AI Futures Project
Michiel Bakker, MIT and Google DeepMind
Manuel Trajtenberg, Tel Aviv University
Giacomo Calzolari, European University Institute
Jeff Wilke, Re:Build Manufacturing
Jacques Crémer, Toulouse School of Economics
Danny Yagan, University of California, Berkeley
Beatrice Weder di Mauro, Centre for Economic Policy Research
Max Tegmark, MIT
Vinod Khosla, Khosla Ventures
Benjamin Shiller, Brandeis University
Oren Etzioni, University of Washington
Martin Ford
Oded Galor, Brown University
Sarah Friar, OpenAI
Marc L. Busch, Georgetown University
Walid Hejazi, University of Toronto
Dilip Soman, University of Toronto
John Danaher, University of Galway
Thomas Astebro, HEC Paris
Alex Tabarrok, George Mason University
Alberto Galasso, University of Toronto
Alfonso Gambardella, Bocconi University
Reza Satchu, Harvard Business School
Alex Whalley, University of Calgary
Tom Davidson, Forethought Center for AI Strategy
Laurina Zhang, Boston University
Andrew Scott, University of Oxford
Jean-Etienne de Bettignies, Queen's University
Sam Manning, GovAI
Joel Blit, University of Waterloo
Sampsa Samila, IESE Business School
Roshni Raveendhran, University of Virginia
Liz Lyons, University of California, San Diego
Ramana Nanda, Imperial College London
Marianne Bertrand, University of Chicago
Arnaldo Camuffo, Bocconi University
Maxim Massenkoff, Anthropic
Petra Moser, New York University
Shivaji Sondhi, University of Oxford and Princeton University
Danny Buerkli, Windfall Trust
Carles Boix, Princeton University
Anna Yelizarova, Windfall Trust
Ken Ono, Axiom Math and University of Virginia
Isaiah Andrews, MIT
Anders Sandberg, University of Oxford
Martin Chorzempa, Peterson Institute for International Economics
Gita Gopinath, Harvard University
Zoë Hitzig, Anthropic
Lawrence Katz, Harvard University
Nathan Wilmers, Anthropic
Sebastian Becker, HEC Paris
Markus K. Brunnermeier, Princeton University
Sebastian Mallaby, Council on Foreign Relations
Adrian Brown, Windfall Trust
Sonia Sennik, Creative Destruction Lab
Ioana Marinescu, University of Pennsylvania
Nicholas Bloom, Stanford University
Johannes Hermle, Anthropic
Ashesh Rambachan, MIT
Brian Jabarian, Carnegie Mellon University
Lukas Althoff, Stanford University
Soumitra Shukla, Harvard Business School
Andrey Fradkin, Boston University
Andrew Koh, Columbia University
Prasanna Tambe, University of Pennsylvania
Cheryl Wu, Yale University
Albert Wenger, Union Square Ventures
Gigi Danziger, Eutopia
Chris Tonetti, Stanford University
Justin Bullock, University of Washington
Bryan Seegmiller, Northwestern University
Betsey Stevenson, University of Michigan
Stefanie Stantcheva, Harvard University
Justin Wolfers, University of Michigan
Eva Lyubich, Anthropic
Chrishan Thuraisingham
Szymon Sacher, Anthropic
Thomas Houlden, Columbia University
Ben Golub, Northwestern University
Carlos J. Serrano, HEC Paris
Heski Bar-Isaac, University of Toronto
William Strange, University of Toronto
Jen Baggs, University of Victoria
Victor Aguirregabiria, University of Toronto
Melissa Lynne Dell, Harvard University
Jasmine Sun
Rob Reich, Stanford University
James Landay, Stanford University
Anousheh Ansari, XPRIZE Foundation
Fiona Chen, Harvard University
Michael Nayak, XPRIZE Foundation
George Williamson, The Alan Turing Institute
Michael Chui, McKinsey
Gabriel Unger, Stanford University
Katya Klinova
Parker Whitfill, METR
Arvind Karunakaran, Stanford University
Georgios Petropoulos, University of Southern California Marshall School of Business
José Ramón Enríquez, Stanford University
Christos Makridis, Arizona State University
Luca Vendraminelli, Stanford University
Alvin Wang Graylin, Stanford University
Sophia Kazinnik, Stanford University
Christina Langer, Stanford University
Riitta Katila, Stanford University
Lynn Wu, University of Pennsylvania
Matt Beane, University of California, Santa Barbara
David Nguyen, Stanford University
Avinash Collis, Carnegie Mellon University
Pamela Mishkin, Stanford University
Andy Haupt, Stanford University
Neale Mahoney, Stanford University
Robb Willer, Stanford University
Sinan Aral, MIT
Thomas W. Malone, MIT
Wajeeha Ahmad, Stanford University
Diyi Yang, Stanford University
Mary MacLennan
Wang Jin, Chapman University
Arjun Ramani, MIT
Glen Weyl, Microsoft Research
J. Frank Li, University of British Columbia
Jeremy Howard, fast.ai
Matt Gentzkow, Stanford University
Bharat Chandar, Stanford University
Jiaxin Pei, Stanford University
Sarah Bana, Chapman University
Christie Ko, Stanford University
Susan Young, Stanford University
*Nobel laureate
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