Acemoglu's seven questions on AI meet Gans's replies, and economists say both dodge market failure

joshgans · x · 2026-10-15

Economist Daron Acemoglu posted seven daily "Questions on AI"; Joshua Gans replied to each and collected the full exchange in a Substack post. Commenter James Broughel notes both dodge the classic public-policy starting point: market failure. If markets work, most of Acemoglu's questions collapse into distributional issues; if not, the specific failure determines the policy remedy.

In the first question — superintelligence vs. distorted intelligence — Acemoglu argues the debate is muddied by equating goal-driven autonomy with intelligence (plants and insects have autonomy too). He fears labs are building distorted rather than super intelligence, a distinction that shapes regulation and risk. The full seven-question exchange is a substantive read on economists' AI policy divides.

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