#hayek — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #hayek, aggregated by home.social.
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While some argue that #AI can improve #CentralPlanning, the concentration of power in the hands of a central authority is a concern. AI's development is led by big corporations that centralize information, posing a threat to decentralized use. Embracing #regulation in the age of AI may be necessary to ensure #decentralization. As centralization, even in benign forms, brings economic and political costs.
https://www.project-syndicate.org/commentary/ai-central-planning-versus-decentralization-by-daron-acemoglu-2023-06
#hayek #information #marketEconomy #economics -
While some argue that #AI can improve #CentralPlanning, the concentration of power in the hands of a central authority is a concern. AI's development is led by big corporations that centralize information, posing a threat to decentralized use. Embracing #regulation in the age of AI may be necessary to ensure #decentralization. As centralization, even in benign forms, brings economic and political costs.
https://www.project-syndicate.org/commentary/ai-central-planning-versus-decentralization-by-daron-acemoglu-2023-06
#hayek #information #marketEconomy #economics -
While some argue that #AI can improve #CentralPlanning, the concentration of power in the hands of a central authority is a concern. AI's development is led by big corporations that centralize information, posing a threat to decentralized use. Embracing #regulation in the age of AI may be necessary to ensure #decentralization. As centralization, even in benign forms, brings economic and political costs.
https://www.project-syndicate.org/commentary/ai-central-planning-versus-decentralization-by-daron-acemoglu-2023-06
#hayek #information #marketEconomy #economics -
While some argue that #AI can improve #CentralPlanning, the concentration of power in the hands of a central authority is a concern. AI's development is led by big corporations that centralize information, posing a threat to decentralized use. Embracing #regulation in the age of AI may be necessary to ensure #decentralization. As centralization, even in benign forms, brings economic and political costs.
https://www.project-syndicate.org/commentary/ai-central-planning-versus-decentralization-by-daron-acemoglu-2023-06
#hayek #information #marketEconomy #economics -
While some argue that #AI can improve #CentralPlanning, the concentration of power in the hands of a central authority is a concern. AI's development is led by big corporations that centralize information, posing a threat to decentralized use. Embracing #regulation in the age of AI may be necessary to ensure #decentralization. As centralization, even in benign forms, brings economic and political costs.
https://www.project-syndicate.org/commentary/ai-central-planning-versus-decentralization-by-daron-acemoglu-2023-06
#hayek #information #marketEconomy #economics