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by raz32dust
2608 days ago
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In the same vein, "Human intelligence" led to the 2008 crash. Human's aren't infallible either. My problem with this argument is that there is no logical basis for how exactly human intelligence is different. Computers aren't there yet in most domains, but there is no evidence to say they can't get there. How soon is anybody's guess right now. While AGI might be far off, I can certainly imagine computers running larger and larger sub-worlds. e.g, if all cars were self-driving, I am reasonably sure we can design traffic to be more efficient with all cars coordinating with each other instead of humans trying to do so. |
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I can give you a partial answer, which is that human intelligence is somewhat slower, which mitigates the ability to crash the entire economy in 15 seconds. That's why a stock market can crash in 15 seconds nowadays, but "the housing market" can't. This gives people some time to do some things about it with some degree of thought, rather than all the agents in the system suddenly being forced to act in whatever manner they can afford to act with 15 milliseconds of computation to decide.