<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:14pt"><div><span><var id="yui-ie-cursor"></var>I wrote:</span></div><div style="font-family: times new roman, new york, times, serif; font-size: 14pt;"><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;"><div id="yiv2050646868"><div style="color: rgb(0, 0, 0); font-family: times new roman, new york, times, serif; font-size: 14pt; background-color: rgb(255, 255, 255);"><div><span></span> </div><div><span><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">> Unless the central planner relinquishes control over<br>> economic decisions a better and better model of<br>> how to optimize things is still central planning using<br>> the model of a serial computer to control what could<br>> be a more efficient parallel
process.</div></span></div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"></div><div><span>Stefano Vaj wrote:</span></div><div style="font-family: times new roman, new york, times, serif; font-size: 14pt;" class="yiv2050646868ms__id46726"><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"><br>> Actually, no. As long as we accept the Principle </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">> of Computational Equivalence, given sufficient </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">> computational resources the "market" itself can </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">> be
emulated at an arbitrary low level as anything </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">> else: the inner working of a star, a biological </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">> brain, the entire universe...</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"> </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">So those involved in the market are expected not</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">to react to the fact that central planners are making</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;"
class="yiv2050646868ms__id46728">their economic decisions for them? Those who</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">create technology and innovate will have their</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">inventions "emulated" for them by a central </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">planner who
knows what is best before it is</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">even created? Everything is now a commodity</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">so nothing new need be created in this central</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"><span id="yiv2050646868misspell-1"><span>planning</span></span> paradise? </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"> </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">It would seem you are contemplating a massive </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;"
class="yiv2050646868ms__id46728">parallel computational resource incorporating </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">all human minds making the final decisions for </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">every step in the market process - not a small </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">number of serial central planners at the top.</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">The Mbrain replacing humans is the solution</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">of how to make central planning finally work?</div><div style="font-family: times new
roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">There becomes only one planner, one market,</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">one being interacting with itself with perfect</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728 yiv2050646868ms__id52768">information?</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728 yiv2050646868ms__id52768"> </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728 yiv2050646868ms__id52768">Low level modeling alone will miss virtually</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728 yiv2050646868ms__id52768">all innovation and
the results of innovation.<var id="yiv2050646868yui-ie-cursor"></var></div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"> </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728">Dennis May</div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"> </div><div style="font-family: times new roman, new york, times, serif; font-size: 12pt;" class="yiv2050646868ms__id46728"><br><br> .<br><br> <br><br></div></div></div></div><br><br></div></div></div></body></html>