Tag: regulation
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theatre of expertise / expertise of theatre
This one’s been doing the rounds in infrastructure-wonk circles, and deservedly so. I’m usually distrustful of any organisation that includes the term “governance innovation” in its moniker; CIGI is a Canadian thinktank founded by the guy who helmed RIM, none of which serves to fundamentally allay that instinctive suspicion, but this is nonetheless a serious,…
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Qui autem temperet moderatores?
… [UK] consumers have overpaid for the natural monopolies and other networks underpinning many of these markets for at least the past 15 years. Because of patchy reporting from regulators, it’s impossible to document the full extent of these overpayments. However, this research finds that regulators have systematically set prices too high, leading to consumers…
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Systematized instrumental rationality
So AI and capitalism are merely two offshoots of something more basic, let՚s call it systematized instrumental rationality, and are now starting to reconverge. Maybe capitalism with AI is going to be far more powerful and dangerous than earlier forms – that՚s certainly a possibility. My only suggestion is that instead of viewing superempowered AIs…