An important point to make imo is that algorithms will not be close to human decision making until we hit AGI. No matter how complex they get until that point you can always cheat them in absolutely ridiculous and more importantly reproducible ways. Meaning scams scale and can do way more damage than a human error.
> Maybe this means web-scale sites like Amazon's marketplace aren't viable. I'm fine with that implication. Stores like Target and Walmart seem to have the same prices with human-curated inventories
Not only are they viable, they are hugely more profitable without the human expenses. This inhuman model - yes, I think that is exactly what it is - will displace everything else that simply can't compete in runaway capitalism.
> Maybe this means web-scale sites like Amazon's marketplace aren't viable. I'm fine with that implication. Stores like Target and Walmart seem to have the same prices with human-curated inventories
Not only are they viable, they are hugely more profitable without the human expenses. This inhuman model - yes, I think that is exactly what it is - will displace everything else that simply can't compete in runaway capitalism.