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eigenrobot

@eigenrobot

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eigenrobot.substack.com
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    1. eigenrobot‏ @eigenrobot Feb 1

      clarke's third fundamental theorem of welfare economics states that any sufficiently advanced socialist economy is indistinguishable from a market economy

      3 replies 3 retweets 86 likes
      Show this thread
    2. eigenrobot‏ @eigenrobot Feb 1

      thats where i ended where i started was thinking about the socialist calculation debate

      3 replies 0 retweets 31 likes
      Show this thread
    3. eigenrobot‏ @eigenrobot Feb 1

      specifically people who hope to use computers to make socialism a viable alternative to market economies face a problem not considered to the best of my knowledge

      2 replies 0 retweets 29 likes
      Show this thread
    4. eigenrobot‏ @eigenrobot Feb 1

      it turns out that as computational power increases and makes socialism more feasible in absolute terms, that computational power is also harnessed by market economies to dramatically reduce frictions increase _their_ absolute desirability

      4 replies 0 retweets 40 likes
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    5. eigenrobot‏ @eigenrobot Feb 1

      now this is a question of competing rates and my claim about the sign of the first derivative says nothing about magnitudes but i think it should make socialists less hopeful at least (it probably wont)

      7 replies 0 retweets 22 likes
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    6. Taf Kuc‏ @TKucf Feb 1
      Replying to @eigenrobot

      Devil’s advocate: that comp power would still give ‘em the leg up bc diminishing marginal utility. Actual Socialism rn starves everybody, but if it could make p01 and p50 lives comfortable even with lower mean, it could max utility vs capitalism

      1 reply 0 retweets 3 likes
      eigenrobot‏ @eigenrobot Feb 1
      Replying to @TKucf

      i believe in feeding the utility monster

      6:54 PM - 1 Feb 2021
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Taf Kuc‏ @TKucf Feb 1
          Replying to @eigenrobot

          Imo the honest-to-goodness singularity isn’t necessarily AGI, it’s when automation kills > half jobs. Humanity has no way of predicting that socio-cultural-political aftermath so after that point soc vs cap and all other political Qs dissolve in my mind

          1 reply 0 retweets 2 likes
        3. Alfred Differ  💉 💉++‏ @AlfredDiffer Feb 1
          Replying to @TKucf @eigenrobot

          Whose utility? The job killing metric has already passed. Twice. Most had agri-jobs feeding our families. No longer. A big chunk of industry has been automated/innovated so thoroughly, that those jobs were wiped out too. We found things to want. Unknown unknowns rule. 😎

          1 reply 0 retweets 2 likes
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