the limit of intelligence of central planners is they don't know what they don't know. and what they can't know. they believe in their abilities, they had been successful in some area in the past. winning elections or taking over the government in some form at least. some were successful entrepreneurs, some are just hustlers with state symbols fetish and thirst for power.
but they don't understand the principle of computational irreducibility. some things are unpredictable in principle. they can't wing it, no matter how intelligent or experienced they are.
we would never try to be the head of central planning committee, because we know it's impossible to do it well in principle. that's why we build outside, in parallel.
but they don't understand the principle of computational irreducibility. some things are unpredictable in principle. they can't wing it, no matter how intelligent or experienced they are.
we would never try to be the head of central planning committee, because we know it's impossible to do it well in principle. that's why we build outside, in parallel.
1