7 ms·
This is one of the best articles i've read!! The article makes me think that the failure of the planned economy system would probably not have happened if they
by flavio81 9y ago
This is one of the best articles i've read!!
The article makes me think that the failure of the planned economy system would probably not have happened if they had modern computers (and computing tools we take for granted today). The author thinks this would only be possible in about 100 years because he considers that everything needs to be considered in the model. However, one could make the case for doing central planning of a limited set of goods which are interdependent, of course.
AI being all the rage in the news these days, and pretty much in fashion, who knows, perhaps automatic optimization of a country's economy will start to be talked about as a Good Thing To Have?
<start dancing, comrade...>