The argument I've been hearing from the central planners lately is that price controls and further commie regulations can work due to AI.
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It’s not new, communist central planners have been saying something like this for at least the last century. They always think that with *x new technology buzzword* like big data, regression analysis, or even Microsoft Excel, that they will have the computing power to overcome Mises’ Economic Calculation problem. The reason why it’ll never work, despite how much computing power they have, is that without property, there’s no cost. No cost, no economic calculation. No calculation, no production. You can see @Saifedean Ammous explain it even better here from 23:28-25:00, then the AI part from 31:40-35:45 Everything in between is great too.
I'll take a listen today, thanks!
I just read this section of Bitcoin is Venice that touches on central planning.


They never want to overcome the Economic Calculation Problem, they just want to say they have and then decide whatever benefits the people in control the most.