Every industry engaging in algorithmic price-fixing is simply BEGGING for government (ie: democratic social) price controls.
"Oh, the market is no longer the most efficient price mechanism for that? Great!"
*Regulated*
"Wait, you've replaced all of your management beaurocracy with AI? Why didn't you say anything sooner!"
*Nationalized*
Etc.
Cykonot /
npub1zw…vtvvl
2024-08-28 23:37:58
Author Public Key
npub1zw546uwzx97ncn6727amk00epa7kq6qtaqgvzkprphd74t66afvsyvtvvlPublished at
2024-08-28 23:37:58Event JSON
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"content": "Every industry engaging in algorithmic price-fixing is simply BEGGING for government (ie: democratic social) price controls. \n\n\"Oh, the market is no longer the most efficient price mechanism for that? Great!\"\n*Regulated*\n\n\"Wait, you've replaced all of your management beaurocracy with AI? Why didn't you say anything sooner!\"\n*Nationalized*\n\nEtc.",
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