AI overestimates how smart people are, according to economists

Scientists at HSE University have found that current AI models, including ChatGPT and Claude, tend to overestimate the rationality of their human opponents—whether first-year undergraduate students or experienced scientists—in strategic thinking games, such as the Keynesian beauty contest. While these models attempt to predict human behavior, they often end up playing “too smart” and losing because they assume a higher level of logic in people than is actually present.