Nearly 200 economists and tech leaders, including 16 Nobel laureates, are sounding the alarm regarding the economic implications of artificial intelligence (AI). In a joint letter, they urge immediate action to address the potential for significant job displacement and economic upheaval caused by advancements in AI technology. Many experts are comparing the current situation to the Industrial Revolution, suggesting that without swift governmental intervention and workforce policies, society could face an economic crisis. Concerns are mounting that the anticipated productivity gains from AI are still years away, while the risks of job losses are imminent. The message is clear: experts are calling for a comprehensive AI economic plan to navigate the looming challenges and ensure a beneficial outcome for society.