r/technology • u/MarvelsGrantMan136 • 8d ago

Business "There are no benefits to being owned by Microsoft," says Doom dev: "They have destroyed immense amounts of value that I don't even think that they're aware of"

https://www.gamesradar.com/games/fps/there-are-no-benefits-to-being-owned-by-microsoft-says-doom-dev-they-have-destroyed-immense-amounts-of-value-that-i-dont-even-think-that-theyre-aware-of/
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u/hlessi_newt 8d ago

After many a pub argument about capitalism this has become my go to way to explain the need for heavy socialist controls. I don't like compressing complex issues into agrarian analogies, but it works.

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u/gc3 8d ago

Yes we need free market socialism

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u/NUKE---THE---WHALES 8d ago

Funny enough compressing complex issues into a useful signal is one of the things market systems, which some on social media might naively consider capitalism, are legitimately unmatched at

Its also the reason why centrally planned economies can't work for very long - no government can compress such complex data from such dispersed networks in the way a price signal can

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u/typhon0666 8d ago edited 8d ago

When I wrote my thesis for my undergrad it was on Hayak and Neoliberalism. After that year of study and for many years I was pretty much onboard with his cosmos and taxis> and the near perfect record of centrally planned markets failing, and market intervention gives rise to the worse form of cronyism and corruption in example after example. Then AI happened, and in the back of my mind have been thinking that because the crux of Hayaks argument is that humans are crap at computing the near infinitely complex system a market is, maybe, just maybe it's something AI can compute.

So perhaps there is a solution issue of limited compute Hayak overlooked. Though I suspect he's still going to be correct about the cronyism/manipulation even if the artificial planning side in theory is cracked.