Efficiently computable function as a counter-example to Sarnak's Mobius conjecture
There have been interesting developments on this problem, however Replacing $AC^0$ with ACC(2) (Namely allowing mod 2 gates as well) is still well out-of-reach. Some progress beyond Ben Green's theorem can be found in this MO question https://mathoverflow.net/questions/57543/walsh-fourier-transform-of-the-mobius-function as well as this one https://mathoverflow.net/questions/97261/mobius-randomness-of-the-rudin-shapiro-sequence . In addition, Jean Bourgain proved Mobius randomness for every monotone function $f$ (in terms of the binary-digit expansion).