Episode 14 - Robot Communism Sucks, and AI on line one
A Washington Post OpEd believes that advances in AI will lead to a new centrally planned economy. Google's Bots call unsuspecting businesses to save you time - but what are the implications? Bill Gates and Warren Buffet go sour on Bitcoin.
This was a really fun episode to create. Here's the article that started it off - claiming that AI means the end of capitalism.
I know this editorial-style commentary is going to have dissent. Email localmaxradio@gmail.com if you have another view or want me to address something.
The Economic Calculation Problem as described by economic Ludwig von Mises in 1920 Germany. Get the gist of it from wikipedia. I say that AI doesn't solve it or even come close.
Recent New York Times OpEd on Venezuela
Make Me Smart Podcast Website and iTunes link.
GDPR Regulation.. all the rage in software and internet right now.
Movie Mentions: It's a Wonderful Life, Les Miserables. Of course the Les Mis reference refers to the book too - but it's the 2012 movie that I've seen recently which was on my mind.
The Google Demo from Google I/O featuring voice bots calling small businesses.
Jolly Roger Telephone Company YouTube channel - this is a service that sends scammers and spammers to bots which trick them into thinking it's a real phone call and waste their time. Check out some of the videos - they are very fun to listen to.
Go to the Bitcoin Obituaries Website to check out all the times Bitcoin has been declared dead. Gates and Buffet are very mild compared to the stuff on here!
