Hacker News new | ask | show | jobs
by ethbr0 1164 days ago
The irony is that central planning would be more possible now than ever.

Previously, there was a data collection, storage, and processing limitation. Manual collection, entry, and early computers simply couldn't process quickly enough to continually model the economy at the requisite fidelity.

But now, we still have the human data reporting problem, where the storage, network, and computational resources are possible, but the first mile "getting true numbers, reliably" still prevents the implementation of an effective centralized system.