Top economist Steve Hanke says AI is 'overhyped and potentially dangerous'

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Steve Hanke says there's excessive buzz around AI — and it could end badly. The veteran trader and economist told Business Insider by email that he agrees with Yann LeCun , Meta's former chief AI scientist and a pioneer in the field, who's warned that large language models (LLMs) such as ChatGPT just aren't that revolutionary. Hanke quoted a speech by LeCun in the spring of 2024, where he said: "We're easily fooled into thinking they are intelligent because of their fluency with language, but

Top economist Steve Hanke says AI is 'overhyped and potentially dangerous' https://www.businessinsider.com - 21.02.2026 16:22

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Top economist Steve Hanke says AI is 'overhyped and potentially dangerous' https://www.businessinsider.com - 21.02.2026 16:22