[ExI] The End of the Future

[Dennis May]

I wrote:
 
> Unless the central planner relinquishes control over
> economic decisions a better and better model of
> how to optimize things is still central planning using
> the model of a serial computer to control what could
> be a more efficient parallel process.
Stefano Vaj wrote:

> Actually, no. As long as we accept the Principle 
> of Computational Equivalence, given sufficient 
> computational resources the "market" itself can 
> be emulated at an arbitrary low level as anything 
> else: the inner working of a star, a biological 
> brain, the entire universe...

So those involved in the market are expected not
to react to the fact that central planners are making
their economic decisions for them?  Those who
create technology and innovate will have their
inventions "emulated" for them by a central 
planner who knows what is best before it is
even created?  Everything is now a commodity
so nothing new need be created in this central
planning paradise?  

It would seem you are contemplating a massive 
parallel computational resource incorporating 
all human minds making the final decisions for 
every step in the market process - not a small 
number of serial central planners at the top.
The Mbrain replacing humans is the solution
of how to make central planning finally work?
There becomes only one planner, one market,
one being interacting with itself with perfect
information?

Low level modeling alone will miss virtually
all innovation and the results of innovation.

Dennis May



 .
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.extropy.org/pipermail/extropy-chat/attachments/20111004/45f6906b/attachment.html>