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Would #AI - Enabled #Communism Work?


source: https://www.project-syndicate.org/commentary/ai-central-planning-versus-decentralization-by-daron-acemoglu-2023-06

In the United States, these costs include rising #monopolization of the tech sector, because control of data creates entry barriers, and the development of #business models based on constant online engagement and individualized digital ads, which breed emotional outrage, #extremism, and echo chambers online, with damaging effects for democratic participation.


#politics #democracy #future #technology #problem #economy #market #online #internet #news


Would AI-Enabled Communism Work? | by Daron Acemoglu - Project Syndicate

Daron Acemoglu thinks recent breakthroughs pose new challenges to old assumptions about optimal economic organization.
Project Syndicate
#business #economy #internet #News #ai #technology #future #problem #politics #democracy #online #extremism #communism #market #monopolization
in reply to anonymiss

Richard
Richard
• •
Democratic communism exists in France if I'm not mistaken. Without AI.

linus doesn't like this.

in reply to anonymiss

tomgrzybow
tomgrzybow
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France is not communist. Lightly Socialist, maybe.
in reply to anonymiss

linus
linus
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you are mistaken. There was the Paris commune a few hundred years ago, but it was crushed by the king.
in reply to anonymiss

Pacomm
Pacomm
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The Commune wasn't crushed by the king, nor the emperor (Napoleon the 3rd) but by the right wing of the 3rd Republic. By the time, the second empire had been defeated by the prussians.
in reply to anonymiss

Pacomm
Pacomm
• •
For the moment, since the Macron's liberal party defeat, France has no government. We would probably create a social-democrat coalition... But you should come and try to stay a few years in France... You'll understand how far we are from communism !
in reply to anonymiss

David
David
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Well, if by "AI" you simply mean "software," then I think the problem of storing and accessing all the information needed to allocate resources might indeed be solved with computer technology.

In the following paragraph, "The article" refers to Hayek's "The Use of Knowledge in Society."

The article develops a powerful critique of central planning, arguing that no centralized authority can adequately collect and process “the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess.” Without knowing each individual’s preferences among millions of products, let alone their ideas about where to use their talents most productively and creatively, central planners are bound to fail.
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