Hundreds of experts warn the world must prepare now for AI’s impact | Business and Economy News | Al Jazeera

Over 200 economists and AI researchers, including 16 Nobel laureates, signed an open letter demanding that policymakers and tech leaders act now to prepare for the economic impact of artificial intelligence. Organized by Stanford University's digital economy lab, the letter warns that AI could drive a transformation larger than the Industrial Revolution, but unfolding over a much shorter timeframe. It calls for governments and industry to create incentives, guardrails, and institutions to ensure AI is complementary to humans and beneficial to society. The initiative comes as Amazon cut 14,000 jobs due to AI and the UN warns of deepened inequality between nations.