"We Have to Stop Freaking Out About A.I." warns Nobel laureate Robert Shiller. Depressions, formerly called panics, are caused by self-fulfilling fears (the only thing we have to fear is fear itself), i.e., common knowledge about those very fears. https://www.nytimes.com/2026/06/22/opinion/ai-doom-jobs-economy.html?unlocked_article_code=1.sFA.7Zm3.hEXTlVPaqGjk&smid=tw-share
Economist Robert Shiller warns that alarmist narratives and anxiety over AI could trigger a self-fulfilling economic recession
Robin Hanson dismissed Shiller's appeal to tech leaders.
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Steven Pinker@sapinker
4:35 AM · Jun 22, 2026 · 40.1K Views
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Steven Pinker@sapinker
For more on this dynamic, see When Everyone Knows That Everyone Know...: Common Knowledge and the Mysteries of Money, Power, and Everyday Life. https://www.amazon.com/s?k=when+everyone+knows+that+everyone+knows+by+steven+pinker&crid=1LWMJNIYVPYBH&sprefix=when+everyone+kno%2Caps%2C198&ref=nb_sb_ss_p13n-expert-pd-ops-ranker_1_17
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JJ Walker@jtechlover
@robinhanson Agreed. If the plan is just to appeal to a few tech leaders, that’s a very thin strategy.
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