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Economy News: Will an AI Ever Be Able To Centrally Plan an Economy?

Every improvement in computing power and artificial intelligence raises anew the claim and, for some, the hope that now we can centrally plan ...

Source:marginalrevolution.com


Posted: 2018-03-13 11:21:42

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Centrally Planned Economy - Investopedia - Sharper Insight ...

(Tue, 09 Feb 2010 09:55:00 GMT)

A centrally planned economy is an economic system in which the state or government makes economic decisions rather than the these being made by the interaction between consumers and businesses.

Life in a Centrally Planned Economy? | Yahoo Answers

(Sat, 29 Sep 2018 03:17:00 GMT)

Life in a Centrally Planned Economy? imagine that you are moving from the United States (which has a mixed economy) to a country that has a largely centrally planned (or command) economy.explain how your life will change (economically and otherwise) as you begin to live in your new home and country.

Centrally Planned Economy - Video | Investopedia

(Fri, 12 Oct 2018 02:55:00 GMT)

A centrally planned economy is one where the government controls the country’s supply and demand of goods and services. This type of economy is generally associated with communist and socialist ...

Will an AI Ever Be Able To Centrally Plan an Economy ...

(Tue, 13 Mar 2018 07:15:00 GMT)

Well, of course you are saying that an A.I. could centrally plan an economy at a lower level of resolution than a decentralized economy could. But, considering that the computing power of the central planner's A.I would be infinitesimal compared to the economy's aggregate computing power then the lower level of resolution will be so great as to ...

Will an AI Ever Be Able To Centrally Plan an Economy? • r ...

(Tue, 07 Aug 2018 11:30:00 GMT)

The real question is whether computers could (now or eventually) be used to centrally plan an economy. This might only require algorithms that wouldn't normally be thought of as AI, such as from mathematical optimization (e.g. integer programming, which is used by industry today).

6 Advantages and Disadvantages of Centrally Planned ...

(Fri, 12 Oct 2018 14:43:00 GMT)

6 Advantages and Disadvantages of Centrally Planned Economy. Pros and Cons; ... List of Disadvantages of Centrally Planned Economy. 1. It is known to be inefficient in distributing resources. ... She is a United States veteran who has headed up several large news blogs in her stellar career. Please go here to send her a message.

PLANNED ECONOMY - Definition and synonyms of planned ...

(Wed, 12 Sep 2018 11:51:00 GMT)

A planned economy is the economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, ... quotes and news about planned economy ... big steps in the near future to liberalize its centrally planned economy, ...

Can big data help to resurrect the planned economy ...

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One of the major events in the global economy in the 20th century was that people tried to replace the market economy with the planned economy in the hope of creating a more fair and efficient ...

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EVER since Raúl Castro took the reins of power in Cuba in 2006, he has seemed to hint that he wants to reform the island's moribund centrally planned economy. But the changes he has introduced ...

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