Source: Cobden Centre
by Joakim Book
“AIs excel at pattern recognition, correlation spotting, and out-of-sample prediction from vast datasets; they do not deduce the impossibility of economic calculation under socialism, the coordinative power of market prices under private property, or why fiat results in boom-bust cycles or all manner of unproductive financialization schemes.” (05/14/26)
https://www.cobdencentre.org/2026/05/todays-ais-show-the-marginal-revolutions-unfinished-business/