Forecasting Research Institute × LEAP

Technological Richter Scale: AI Impact by 2040

Technological Richter Scale: AI Impact by 2040

Asked in Wave 1, experts put AI's most likely impact by 2040 at Level 8 of 10 on the technological Richter scale, at a 31% chance.

Experts
Superforecasters
Public

Our Analysis

How do we interpret these results

Experts modally expect that the impact of AI by 2040 will be comparable to a “technology of the century” (akin to electricity or automobiles), while the public expects AI’s impacts to be closer to the “technology of the decade” (more like social media). Experts give a 32% chance that AI will be at least as impactful as a “technology of the millennium”—like the printing press or the Industrial Revolution—whereas the public gives this a 22% chance. Superforecasters sit between experts and the public.

Forecasts by group

Median forecasts from each group

groupLevel 5Level 6Level 7Level 8Level 9Level 10
Experts
7.6%
8.2%
22%
31.04%
22.18%
9.4%
Superforecasters
8.35%
8.99%
27.99%
29.32%
19.66%
5.69%
Public
17.94%
16.19%
22.38%
22%
14.31%
7.3%

Click any cell to compare

Rationale analysis

The main lines of reasoning driving the spread in estimates

Intelligence as a transformative force

Many high TRS forecasters argue that, because AI will augment and eventually surpass human intelligence, its transformative potential is unique and eclipses all prior transformative technologies. “Intelligence is one of the most disruptive phenomena known to history,” writes one. High TRS forecasts also tend to argue that progress in intelligence builds on itself: “People fundamentally don't think in exponentials. 2040 is a LONG time away, technologically. And AI will modify AI, at which point its improvement will go even more second-order.”

Current societal impact

Most high TRS forecasters believe AI has already surpassed levels 5 and 6. Many argue level 7 has already been met given its use in specialized fields (e.g., medical imaging, SWE, text editing, etc.) and its level of diffusion. Some even argue it can be credibly claimed that advanced capitalist societies have already reached level 8, given that “AI is strongly affecting geo-political considerations, changing energy demand and planning, disrupting education, [and] accelerating biomedical research.” Many argue that even a slow, linear extrapolation of current trendlines suggests level 8 or higher by 2040, especially given that much of the existing potential of this new technology has yet to be adopted by society. Low TRS forecasters often view current AI as roughly level 5 or 6, essentially “an extension of the Internet.”

Bottlenecks

The main argument from low TRS forecasters is that progress will be substantially slowed by implementation constraints that are difficult to overcome with software improvements. One notes, “There likely exist thousands (millions?) of potential bottlenecks in the economy which will only become legible as other processes are sped up by orders of magnitude.” Low TRS forecasters expect that many of these bottlenecks will be input bottlenecks, like energy, production capacity, and chip availability.

Diffusion speed

High TRS forecasters frequently emphasize AI's rapid adoption rate compared to historical technologies, noting that it is “much faster than it was for prior technologies.” Several low TRS forecasters, however, argue that historical precedent remains relevant: “The integrated circuit took about 15 years to change electronics. Computers took about 25 years. The Internet took 15 years to produce the WWW and another 10 or 15 years to change lives.” Some low TRS forecasters also argue that, even if AI is proceeding on a faster diffusion timeline than other transformative technologies, the higher TRS levels require not only technical breakthroughs, but also changes to our political, economic, regulatory, and cultural structures.

Economic transformation

Some high TRS forecasters see AI fundamentally restructuring society. One writes, “[Just as] the industrial revolution helped usher in capitalism, because it was an economic system that was compatible with that type of transformation, AI—being a technology that has the potential to replace human labor in most fields—might force societies to shift to a new economic model, which would place it at level 9.” But most low TRS forecasters question whether AI will deliver enough tangible benefits to lead to such a transformation: “The average citizen will not have much benefit to buy from AI. Improved games or art? Cheaper manufactured goods? A robot to clean your house? How does AI deliver things that humans want, like better, cheaper healthcare?”

Rationale examples

High-quality rationales from forecasters across the range

High-forecast respondents

The scale and scope of AI…[and] impact on human evolution is unique. While there are parallel examples in the rise of agriculture and industrial production—particularly in terms of general-purpose innovation (steam, fossil fuels, electricity, etc), AI is unique because it both augments human intelligence and will eventually surpass it. AI will ultimately displace capitalism as a form of civilization by eliminating scarcity while providing a basis for a shift into a new civilization rooted in consciousness evolution. AI is not a singular technology but rather is complemented by clean energy (at near -zero cost), bio-engineering (genetic design), quantum computing and distributed and/or networked culture. These technologies represent the end of the industrial era and a market-based society as human development shifts to culture and human evolution as an end in itself.

It’s already moved beyond the 5/6 level even today. Gemini does amazing videos, pictures and many things that are very comparable to human generated videos…Has it (AI) reached commercial success - of course…Has it disrupted? Of course.

If progress can continue at its present rate, Technology of the Millennium is a possibility. Given the level of investment and the scramble for talent, Technology of the Decade is assured. We are on a long runway stretching back 50 years and have finally achieved liftoff, more progress is required to assure a smooth flight and safe landing. AI could conceivably rival the printing press at giving everyman a level of intelligence where it once provided everyman with information. The industrial revolution greatly increased the material productivity of society, AI could provide the same boost for both material and service products by trading electrical energy for intellect.

Low-forecast respondents

The force of its impact will likely be slowed by bottlenecks in areas AI hasn’t yet conquered. An important concept is that an economic bottleneck grows in significance when productivity elsewhere increases. For instance, if global shipping dramatically increases, a bottleneck in the Suez or Panama Canal becomes much more costly. There likely exist thousands (millions?) of potential bottlenecks in the economy which will only become legible as other processes are sped up by orders of magnitude.

Our current AI can be seen as an extension of the Internet (which itself is an extension of the printing press, etc.). To me, current AI is like a super-Google search -- it’s still all about the data that we give it (our cultural heritage), but now we are able to use/query/manipulate this in much more powerful ways than before.