Source: The Next Web
A statement signed by Nobel laureates and leading economists reveals genuine confusion rather than consensus about AI's macroeconomic effects. This breaks from the usual expert posturing on transformative technologies. Policy makers and investors have been operating on the implicit assumption that economists have a coherent model for AI's impact on growth, employment, and inequality; they don't. The vacuum this creates will likely push economic decision-making toward either paralysis or toward non-expert actors (tech CEOs, political ideologues, venture investors) who are more comfortable making calls in conditions of genuine uncertainty.