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Ammous Debunking the “AI Can Solve the Socialist Calculation Problem” Nonsense

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Daniel Steinmetz-Jenkins (quoting Martin Sandbu, “Could AI Revive the Socialist Dream?,” Financial Times, August 28, 2026): 
FT: “Imagine a super-AI armed with access to all the data we let our devices record for every transaction we enter into….Such an AI would surely bury Hayek… it shows that AI removes one of the 20th century’s strongest arguments against central planning.”

Ammous:

No, it can’t. The problem of socialist calculation is the absence of property rights, as Mises explained, not knowledge, as Hayek put it. Without property rights, there is no possibility of calculating profit/loss with real opportunity costs for an actual owner who reaps the benefits of correct plans and suffers the consequences of wrong plans. Hayek’s fluffy talk about knowledge is nice and catchy, but ultimately unrigorous, imprecise, and confusing. No matter how much knowledge you give to a computer, it cannot perform economic calculation on capital that is not owned, whose loss doesn’t cost anyone anything and whose success doesn’t provide profits to anyone. Socialists have been getting overexcited about every single advance in computer technology for a century, thinking it will finally provide them the tools to defeat Hayek, but the only thing that ever worked for them is private property, in other words, moving away from socialism. The only way to make socialism work is to kneel before Mises and allow property rights and let property owners perform economic socialism. In other words, the only way to make socialism work is to stop it from being socialist. The issue is not about the size of knowledge. This is why Amazon can successfully plan for hundreds of millions of workers, suppliers, and customers, but socialism fails in a tiny country like Estonia. Amazon, and everyone involved with it, have property rights and can perform economic calculation. A minister in socialist tiny Estonia has no property rights and so cannot perform economic calculation. Hayek may be nice to read in the early phase of your learning economics and recovering from Marxist, Keynesian, and Friedmanite nonsense, but he is no substitute for the real deal: Mises, Rothbard, and Hoppe. I discuss this in detail in my Principles of Economics, and you can see the full lecture based on the chapter on —

 

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Mamdani's Universal Child Care Extension Turns Into 'an Absolute Disaster'

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Tucker Carlson Spends 380th Consecutive Episode Criticizing Country Nobody Is Allowed To Criticize

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U.S. — Former Fox News host turned podcaster Tucker Carlson released a groundbreaking 380th consecutive episode criticizing the one country that Carlson says no one is allowed to criticize.

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There’s nothing real about ‘race realism’

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The post There’s nothing real about ‘race realism’ appeared first on spiked.

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The phone that the government touted as having child safety “built in” actually builds in an open door to predators

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“Ministers embraced the ‘world’s safest phone’. Then it unravelled” – an article by Georgina Quach in the Financial Times. She writes,

Rather than relying on apps to police harmful content, governments now want to intervene at the operating system level, so guardrails can get ahead of whichever app breaks on to the scene. 

That is why Keir Starmer in June presented an ultimatum to tech companies: install child nudity-blocking software in devices by September or face legislation and fines.

And there is no excuse for dithering, the government’s announcement implied. It said this tech had already been achieved by the British company SafeToNet. Ministers held up SafeToNet as proof point for the proposition that child safety can be built into phones universally and block nudity in real time.

But what appeared to the government to be an “oven-ready” fix is now running into difficulty, after the first smartphone to integrate SafeToNet technology was removed from sale following an investigation into the device’s safety risks. The HMD Fuse, sold by Vodafone, was launched last year as the “first smartphone that protects a child’s innocence by stopping nude content from being filmed, seen, shared and stored”. In January of this year, former ministers Peter Kyle and Jess Phillips starred in a video promoting the phone. Six months later, sales have been suspended.

Why? The answer is alarming:

Then, in July 2026, Moore discovered what he described as a different, serious flaw: an unauthorised person could potentially register as the guardian of another child’s handset and access its live location. According to Moore, the problem was that the pairing relied on the IMEI number, the unique serial code that identifies each handset. He said this number was predictable: part of the number was fixed and the rest could be systematically enumerated and plugged in. He said that meant he could “become the guardian of every child on the platform, which meant I basically had a live map of every child on the system at the time”. 

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What Do “Capitalism” and “Socialism” Really Mean?

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Ask a socialist critic of capitalism how to define capitalism and you will probably receive an incoherent answer. Defining these ways of social organization is vital and understanding them is even more important.
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