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Can Supercomputers Make Socialism Work?

Posted on May 5, 2023May 5, 2023 by anonymous Hipster

Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem.

The Twitter thread on AI and Socialism: https://Mises.org/HAP394a
Bob on Socialism and calculation vs knowledge: https:/Mises.org/HAP394b
Karras Lambert and Tate Fegley on economic calculation and AI: https:/Mises.org/HAP394c

Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org​​.

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00:00 Introduction
00:52 Fixing the Problems of Socialism using AI
07:05 The Calculation Problem of Socialism
23:48 Using AI to Predict Consumer Wants
41:06 Is The Economy just Solving Equations?


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