AI & Enterprise

200 Nobel laureates and big tech leaders warn AI job shock must be prepared for now

About 200 economists, big tech executives and AI researchers have released an open letter urging governments and industry to prepare policies for the possibility that AI will replace large numbers of jobs. Led by Stanford Digital Economy Lab, the letter says AI could become far more powerful over the next decade and that institutions and safeguards must be built quickly. It calls for analyzing AI’s economic impact and designing incentives and protections to spread productivity gains while reducing employment risks.

Crypto

XRPL validator says XRP consensus structure more advantageous long term than bitcoin

An XRP Ledger (XRPL) validator said XRPL’s consensus mechanism is better suited for long-term network operations than bitcoin’s proof-of-work model. He said bitcoin’s halving reduces mining rewards over time, which could push miners to rely more on transaction fees and face challenges if on-chain activity falls. He said XRPL, created without mining rewards and with all tokens generated at launch, can keep operating costs low and transactions fast.