We have large centralized companies. For better or worse those companies don’t use big computers to make economic calculations that output the company decisions at the top level.
Our political system also doesn’t use big computer models to decide on economic policy. Before we had the computational capacity we might have thought that we will do that once we have it, but it turns out we don’t.
We have large centralized companies. For better or worse those companies don’t use big computers to make economic calculations that output the company decisions at the top level.
Our political system also doesn’t use big computer models to decide on economic policy. Before we had the computational capacity we might have thought that we will do that once we have it, but it turns out we don’t.