The Economic Times

'We Must Act Now': Eric Schmidt, Reid Hoffman, Joseph Stiglitz among 200 who just sounded an alarm on AI

Over 200 global experts have signed a letter urging immediate action on AI's economic impact. They caution that artificial intelligence could cause widespread job displacement within a decade. This transformation is expected to be larger than the Industrial Revolution but unfold much faster. Policymakers and technology leaders must now build necessary guardrails and incentives. The goal is to steer AI towards complementing humans and benefiting society broadly.