Einstein talks of a planned economy towards the end. It's easy to see how someone in 1949 might think it's a good idea, but in 2023 the idea seems antiquated. All of the major economies are largely not planned.
Now I wonder if the idea of a planned economy was just tried too early. Was it missing the quantized world we live in now, with increases in information processing and communication? Is there an AI advancement in our near future that can outperform the free economy?
Now I wonder if the idea of a planned economy was just tried too early. Was it missing the quantized world we live in now, with increases in information processing and communication? Is there an AI advancement in our near future that can outperform the free economy?