You know capitalism and free markets are in trouble when people admit that it’s preferable to have computers run algorithms to reproduce informed and rational decision-making, as opposed to actual human beings. By this, one basically admits that human are no longer up to the task of living up the foundation of a working free-market, i.e. the foundation argued by A. Smith that free markets can only work when informed consumers make rational choices. Quite some stuff to think about, if you ask me.



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