Would #AI - Enabled #Communism Work?
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
Richard
in reply to anonymiss • • •linus doesn't like this.
tomgrzybow
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in reply to anonymiss • • •Pacomm
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in reply to anonymiss • • •David
in reply to anonymiss • • •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."