Anthropic co-founder Jack Clark says AI could boost US GDP to $44 trillion by 2030
Anthropic co-founder Jack Clark told policymakers at the IMF and World Bank annual meetings in Bangkok on Saturday that rapidly improving artificial intelligence could vastly expand US economic output.
Internal model forecasts massive growth
One of Anthropic's internal economic models forecasts that US GDP could reach $44 trillion by 2030. This figure compares to the current level of just over $30 trillion. Clark noted that this projection assumes the technology continues to get better.
New industries must support expansion
Clark stated that economic doctrine suggests new industries and inventions would need to be created to power such a major expansion. He described the potential growth as sounding very outlandish but linked it to vastly increasing scientific discovery.
Rules needed for technology
The co-founder said international cooperation was needed to erect unusual and serious rules for the transformative technology. He warned that there is a shrinking window for policymakers to act on these issues.
2 outlets, different leads
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Business Recorder
Anthropic's Clark says AI's impact accelerating quickly and could vastly boost US GDP
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Express Tribune
AI rapidly improving, could vastly boost US GDP, Anthropic's Clark tells policymakers
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2 independent outlets. Headlines as published. Links open the original report.