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I think central planning with no sensor data and human level only planning is destined to fail at national scale. Central planning of a real time instrumented
by sgt101 7y ago
I think central planning with no sensor data and human level only planning is destined to fail at national scale.
Central planning of a real time instrumented economy using super computers - well that might be more viable.
- yters 7y agoYou are assuming humans are just inefficient computers, which is a big assumption. The human mind might, in fact, be inherently superior to computational mechanisms, and capable of doing things in finite time that a computer would require infinite computation to perform. Thus, if centralized humans cannot run things, then much less so can computers. The debate between capitalism and communism is ultimately one of about the true nature of the human mind: is it a machine or a halting oracle?