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AI rapidly improving, could vastly boost U.S. GDP, Anthropic's Clark tells policymakers

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: AI rapidly improving, could vastly boost U.S. GDP, Anthropic's Clark tells policymakers
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Market & Financial Impact: Anthropic's Jack Clark said international cooperation was needed to set "unusual and serious rules" for transformative technology.
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Actionable Insight: 🏛️ Policy & Macro: Interest rate, inflation, or regulatory changes affecting broad market valuations.

Rapidly improving artificial intelligence capabilities will drive much 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 U.S. economic output by almost 50% by 2030.

Clark, speaking at the IMF and World Bank annual meetings in Bangkok, said international cooperation was needed to set "unusual and serious rules" for transformative technology, and that policymakers had a shrinking window to act.

Clark said the estimated potential U.S. GDP of $44 trillion, compared with 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. And if GDP were to grow this much, then economic doctrine suggests that new industries and inventions would need to have been created to power such a major economic expansion".

Clark's remarks come as the company prepares for an initial public offering expected in November that could value the firm at up to $2 trillion.

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Official Publisher Attribution: This report is aggregated from CNBC. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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