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Zvi Mowshowitz on AI and the Dial of Progress

EconTalk

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Dialogue Progress: Balancing Society's Allowances and Regulatory Constraints

The concept of dialogue progress involves the collective decision-making of a society on whether to encourage and allow various activities without excessive regulatory constraints. This includes social, legal, and regulatory allowances for individuals and businesses to pursue their ideas, develop technologies, build new infrastructure, and innovate. However, the current system has shifted towards requiring permissions, licenses, and extensive regulations, hindering economic progress and stifling creativity. Many believe that this restrictive approach is holding society back, decreasing wealth and overall well-being. Embracing a more open and permissive environment would empower individuals to strive for innovation and creativity, rather than maintaining the status quo.

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