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Paul Williams argues that by 2035, it will become evident that artificial intelligence's effect on the economy will be no greater than that of the internet. While he acknowledges the impact will be significant—more so than historical innovations like the fax machine—he emphasizes there is no need to panic about the future of the economy.
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Williams previously noted that a group of Fortune 100 companies were actively lobbying the U.S. Treasury Secretary on a controversial issue. Details of this engagement were outlined in his earlier report, “Fortune 100 companies lobby U.S. Treasury Secretary on controversial action”. The report highlighted the involvement of major corporations in high-level policy discussions.