The Economic Institutions of Artificial Intelligence
https://dx.doi.org/10.2139/ssrn.4456471
"#AI can help overcome the #BoundedRationality problem by processing large amounts of data, finding patterns and insights, and making predictions and recommendations. This insight raises the question: can AI overcome planning problems – could it be that #CentralPlanning is now a viable option?" — No.

#economics #InformationProblem #Hayek