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My old supervisor wrote a book on computational socialism back in 93. I rather like some of the ideas (can a participatory centrally planned economy work now th
by twak 4y ago
My old supervisor wrote a book on computational socialism back in 93. I rather like some of the ideas (can a participatory centrally planned economy work now that we have internet/cybernetics?), but suspect it wouldn't work in practice.
https://en.wikipedia.org/wiki/Towards_a_New_Socialism https://en.wikipedia.org/wiki/Towards_a_New_Socialism
- elil17 4y agoSee also The People’s Republic of Walmart
- slashdev 4y agoI’ve often wondered about it too. Is it possible with sufficiently good AI and enough data? I think a major shortcoming is you still need the creativity of people inventing new products and services and bringing those to market. Without capitalism, how can you incentivize the entrepreneurs? I’m sure there must be a way, I’m less certain that there’s a better way. With general AI it could be done, but it’s questionable what value we serve in such an environment.