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AIs and Spontaneous Order
marginalrevolution.com/marginalrevolution/2025/07/ais-and-spontaneous-order.html
Tupy and Boettke in the WSJ on AI and the economy:
The belief that AI can achieve comparable results to free markets, let alone surpass them, reflects a misplaced confidence in computation and a misunderstanding of the price system. The problem for the would-be AI planners is that prices…
This story appeared on marginalrevolution.com, 2025-07-22 11:14:02.