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Anthropic's Clark says AI's impact accelerating quickly and could vastly boost US GDP

BANGKOK: Rapidly improving artificial intelligence capabilities will bring far faster change across all fields, Anthropic co-founder Jack Clark said on Saturday, with one of the company’s internal economic models forecasting that it could vastly expand US economic output to $44 trillion by 2030. Clark, speaking at IMF and World Bank annual meetings in Bangkok, said that international cooperation…

Anthropic's Clark says AI's impact accelerating quickly and could vastly boost US GDP

Artificial intelligence is evolving at an unprecedented pace, according to Anthropic co-founder Jack Clark. At the IMF and World Bank annual meetings in Bangkok, Clark highlighted that AI's rapid advancement will bring about transformative changes across various sectors. In an internal economic model, the company predicts that AI could significantly boost the US economy, potentially expanding its output to a staggering $44 trillion by 2030, up from the current $30 trillion.

Clark noted that the projected figure is "very outlandish," but emphasized that the continuous improvement in AI capabilities is driving unprecedented scientific discoveries. He stressed the need for international cooperation to establish "unusual and serious rules" to govern this transformative technology, as its potential economic impact is immense.

Clark mentioned that new industries and inventions would likely emerge to support such a substantial economic expansion, a concept supported by economic doctrine.

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