CAN ARTIFICIAL INTELLIGENCE SOLVE THE SOCIALIST CALCULATION PROBLEM?
I was recently told that humanity is “rapidly advancing” toward solving the socialist calculation problem. I wasn’t told why, but around the same time, economist Daron Acemoglu suggested that artificial intelligence could be the solution.
To get literary, perhaps we are on the verge of creating the Machines, the artificial intelligences that plan the global economy in Isaac Asimov’s short story, “The Evitable Conflict” (which became the last chapter of his book, I, Robot.)
The Machines perfectly calculate the needs of humanity and organize the economic order to best provide for them, in keeping with the first law of robotics, that “a robot may not injure a human being, or through inaction allow a human being to come to harm.”
Given Asimov’s insistence that the Machines were mere calculators of unimaginable speed, not “super-brains,” artificial intelligence could be a further step beyond Asimov’s robotic brains. So could artificially intelligent Machines, at last, prove the central planners right?
No, they could not, and I’ll answer the question in three ways.










