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Comment by hirundo
Imagine an AI with the power of computation and prediction such that it could centrally plan an economy better than capitalism, communism, or anything else in between or more extreme, by whatever measure you pick. That same predictive power would let it compute price movements in an open market better than humans too. By doing so it could accumulate the financial, and then the political power required to in fact control the economy. So if an AI with such power comes to exist, whether we choose to let it distribute society's resources may not matter.