
008 - Red Plenty, Part 1
General Intellect Unit
00:00
The Market Is a Computer That Can Only Work Out One Solution
The market is a computer that can only work out one solution right so it's um uh essentially it's like a serial process. Whereas a computer can in parallel run a number of different simulations about what the optimum might be and then the planners could choose the best one. This is what he sees as the decisive advantage of this rational planning system enhanced with computer technology.
Transcript
Play full episode