In his first encyclical, Pope Leo XIV criticizes the over-reliance on markets to guide technological futures. He questions whether profits and prices can adequately address the profound societal questions raised by Artificial Intelligence.

<p>In his first encyclical, Pope Leo XIV rightly rejects the idea that markets alone can be trusted to shape society’s technological future. Recognizing that AI raises questions that prices and profits cannot answer, the Chicago-born pope has posed a direct challenge to Chicago School economics.</p>