Red Plenty thought train seems completely obvious to me re: software world. Had tons of thoughts on this I'm kind of stashing, but
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Hayek's theory of price signaling (1945) was as iNFORMATION PROCESSING mechanism. Dunno if advances in that field have been made since then.
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Does anyone know if information processing mechanisms have improved since 1945? Anyone? Looking for any clues here.
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Replying to @spiderfoods @djmicrobeads1 reply 0 retweets 1 like
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Replying to @othercriteria @djmicrobeads and
Are you asking whether information processing mechanisms have improved or if our understanding of them has?
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Replying to @eigenrobot @othercriteria and
Information processing mechanisms have definitely improved. I believe we call them "computers".
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Replying to @spiderfoods @othercriteria and
Hayekian info processors have improved too
5:03 PM - 3 Nov 2017
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