More than 200 economists and AI researchers, including 16 Nobel laureates and chief economists from OpenAI and Anthropic, released a statement warning that the economics profession is “driving in the fog” on AI’s trajectory. Organized by Stanford’s Erik Brynjolfsson, Rotman’s Ajay Agrawal, University of Virginia economist Anton Korinek, and METR researcher Tom Cunningham, the document calls for building incentives, guardrails, and institutions as capabilities accelerate. The statement does not propose a specific policy blueprint, but it outlines three warnings: AI may become radically more powerful over a decade, potentially triggering economic transformation faster than prior general-purpose technologies; and that speed could raise risks like large-scale job displacement. The report urges policymakers to fund research into AI’s economic effects and to support institution-building before disruption fully arrives, with signatories emphasizing that uncertainty remains high even among top researchers.