Anthropic co-founder says AI could boost US GDP 50%

Bangkok — Rapidly improving AI capabilities will bring far faster change across all fields, Anthropic co-founder Jack Clark said on Saturday, with one of the company’s internal models forecasting that under certain conditions it could increase US economic output by almost 50% by 2030. Clark, speaking at IMF and World Bank annual meetings in Bangkok, said that international co-operation was needed to erect “unusual and serious rules” for the transformative technology, and there was a shrinking window for policymakers to act. Clark said that the estimated potential US GDP of $44-trillion, which compares to the current level of just over $30-trillion, “sounds very outlandish, I know.” But he added that AI was vastly increasing scientific discovery. He said the forecast assumed “the technology continuing to get better.

Also reported by CNBC, enterpriseai.economictimes.indiatimes, Reuters.

First reported by Sasfin Bank. This page is a short excerpt; the full text is theirs.