Charles I. Jones of Stanford University argues in his report that the AI technology revolution will have a transformative economic impact greater than that of past innovations.
In a report from January 2026 titled "The Economic Future of AI," Charles I. Jones from Stanford University emphasizes the unprecedented potential of artificial intelligence (AI) to reshape global economies and living conditions. He argues that AI, defined as automated intelligence capable of performing cognitive tasks at a significantly lower cost than humans, could lead to remarkable economic growth in the United States, projecting an annual increase of 8% to 10%.