Re: An essay I just wrote on the Singularity.

From: Randall Randall (
Date: Wed Dec 31 2003 - 21:57:36 MST

On Wednesday, December 31, 2003, at 10:07 PM, Robin Lee Powell wrote:

> On Wed, Dec 31, 2003 at 08:45:24PM -0500, Randall Randall wrote:
>> Anyway, I have a suspicion (not really well defined in my mind
>> yet) that the universal failure of command economies is telling us
>> something fundamental about complexity in our universe.
> That strikes me as pointless speculation when a much, much easier
> explanation is available: command economies are limited by the greed
> of their members, or at least of the planners.
> I think the *types* of failures that command economies have
> undergone illustrate this quite adequately.

Perhaps (I'm no expert), but I think it's been clearly shown that
the only way to achieve results as good as a market is to run a
market, even if in simulation. That is, there is no shortcut to
finding the solution of optimal economic activity.

It's a wild leap (but not necessarily pointless) from there to
the idea that perhaps markets and minds have this in common: you
can only produce the result by running the system.

Of course, it certainly is true that this is all wild speculation,
especially for one as ignorant as I about both minds and markets.
The only real logical connection between them is that they are
the two most complex systems that humans have available to study.

Randall Randall

This archive was generated by hypermail 2.1.5 : Wed Jul 17 2013 - 04:00:43 MDT