Is Capitalism a Form of Artificial Intelligence

But on a wider definition of AI,

it's already an AI system. When you have this

distributed, unplanned machine

solving these distribution problems in a way that none

of the participants themselves individually are able to

understand, then you're already dealing with a form of

artificial

intelligence. You know, it's not, it's not an LLM,

but, but it is a, an

intelligent

mechanism

that is demonstrably working. And

when you want to say, you know, already with Adam Smith,

uh, you want to study that thing,

then what you're doing is basically you're studying

capitalism. You're saying, you know, how, how does this

thing emerge that solves all these problems that the individual people in it

do

not even, they can't even articulate the problem,

let alone

solve the problem.

Um, you know, they're all the whole, the famous Adam Smith thing, you know,

it's

not through the altruism of the butcher or the baker that I go

for my meat and bread. I mean, he's basically saying, look,

he's not going to tell you how this is working.

You know, like you can go and talk to anyone.

There's not anyone anywhere in the system that is going to be able

to explain how it is solving these problems.

Um, it's, you know, it emerges out of the whole

dynamic character of the system as

a whole. And therefore I think is very reasonably described as

already being

a form of artificial intelligence before it becomes the sort of thing that

we now

would recognize as that.

End of transcript · 258 words

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