AI could boost US GDP, but time for rules is running out
Anthropic co-founder Jack Clark stated at IMF and World Bank meetings that artificial intelligence could massively grow the U.S. economy by 2030, while emphasizing that time is running out for international rules.
Speaking at the IMF and World Bank annual meetings in Bangkok, Anthropic co-founder Jack Clark announced that rapidly developing artificial intelligence technology could increase U.S. economic output to nearly $50 trillion, or $44 trillion under certain conditions, by 2030.
In his speech on Saturday, Jack Clark stated that artificial intelligence will pioneer much faster change across all areas. Citing the company's internal models, Clark conveyed that artificial intelligence could lift U.S. GDP higher in the future from its current $30 trillion level. Pointing out that the technology exponentially increases scientific discoveries and can function as a force multiplier, Clark noted that this situation could bring immense wealth while also harboring potential dangers.
Warning policy makers to establish international cooperation and set serious rules for transformative technology, Clark noted that the window remaining to take action is rapidly narrowing. Furthermore, emphasizing that strict human oversight is essential to prevent misuse in areas such as biological research, Clark also acknowledged that artificial intelligence is already leading to job losses in heavily impacted sectors such as customer service.