More than 200 global experts including Eric Schmidt, Reid Hoffman and Joseph Stiglitz have signed a letter calling for urgent steps to address artificial intelligence's effects on employment.
The signatories caution that AI could trigger widespread job displacement within a decade. They describe the coming shift as potentially larger than the Industrial Revolution yet moving at a much quicker pace.
Policymakers and technology leaders are urged to create guardrails and incentives. The aim is to direct AI development so that it complements human workers rather than replacing them.
The letter stresses the need for broad societal benefits from the technology. It calls for immediate action to manage economic impacts.
