Support: Cosmos Ventures
In this essay, I propose a new experiment—the Market Turing Test (MTT)—as both a thought experiment and a practical design for testing whether AI can replicate the decentralized intelligence of markets. Drawing on the Socialist Calculation Controversy and Turing’s classic test for machine intelligence, I pit AI-driven trading against a room of human traders and an index-fund control. By comparing how each group discovers and generates prices, I explore whether AI can truly match or surpass the market’s capacity to integrate dispersed information. If it can, it raises profound questions about the future of economics, planning, and the role of human judgment in our financial systems.
