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70 The companies building AI — OpenAI, Google DeepMind, Anthropic — co-signed a letter on Monday warning that their own technology could trigger an economic transformation larger than the Industrial Revolution, unfolding so fast that existing institutions have no realistic path to keep up without immediate action

Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals · today 03:51 EDT

The companies building AI — OpenAI, Google DeepMind, Anthropic — co-signed a letter on Monday warning that their own technology could trigger an economic transformation larger than the Industrial Revolution, unfolding so fast that existing institutions have no realistic path to keep up without immediate action

On Monday, 13 July, a coalition of economists, AI researchers and technology executives issued an unusually compressed warning about the economic consequences of increasingly capable artificial intelligence. The three-point statement says AI may become radically more powerful within ten years and could produce an economic transformation larger than the Industrial Revolution in a much shorter ... Read more

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