Nobel laureates and AI leaders warn the window to prepare for AI's economic impact is closing fast

A coalition of over 200 economists and AI industry figures, including 16 Nobel laureates, has issued a statement calling for urgent policy intervention to manage the economic consequences of rapid automation. The group suggests that the pace of AI development may trigger structural changes surpassing the Industrial Revolution in speed, potentially displacing jobs and worsening inequality. This warning highlights a growing consensus among experts that existing economic frameworks are unprepared for the rapid integration of advanced systems into the labor market.