The Wall Street Journal @WSJ

From @WSJopinion: Just as Soviet planners couldn’t capture the distributed knowledge embedded in economic decisions, today’s AI systems can’t aggregate and optimize all relevant social knowledge, write Gary Saul Morson and Julio M. Ottino https://t.co/m541l6YZzT

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Opinion | What Would Hayek Think of AI?

The ‘fatal conceit’ that central planning can solve complex social problems arises in a new form.