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Why ChatGPT Failed an Economics Exam

University of Rochester economist Steve Landsburg joins Bob to discuss the abysmal performance of ChatGPT on his undergraduate exam. They also discuss the importance of market prices in guiding behavior and the unexpected problems with the government handing out “free” goodies.

Bob’s article “Superman Needs an Agent:”
Steven’s Book The Armchair Economist:
More Economic brainteasers:


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