Pooling and Sharing of wealth make everyone's wealth grow faster

Re:Pooling and Sharing of wealth make everyone's wealth grow... by tchaffee on Saturday September 02, 2023 @07:59AM (#37360689)

What rational actors? Could you share some sources showing that individual economic choices are mostly driven by a cost-benefit analysis to determine whether an option is right for them? As opposed to being driven by habit, emotion, and social customs?

The rational choice for food would not lead to an obesity and diabetes epidemic in the wealthiest country. Something doesn't add up.

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Re:Pooling and Sharing of wealth make everyone's wealth grow... by amelius on Saturday September 02, 2023 @08:34AM (#37360936)

AI is even better at predicting mood and emotion. See social media.

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Re:Pooling and Sharing of wealth make everyone's wealth grow... by tchaffee on Saturday September 02, 2023 @09:05AM (#37361153)

Ok, so you couldn't give sources for your first claim, so now you're moving the goal posts.

Let's try again. Can you give sources showing that AI effectively models the economic decisions of non-rational actors? Anyone who can predict the economy should be able to quickly become very wealthy.

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Re:Pooling and Sharing of wealth make everyone's wealth grow... by amelius on Saturday September 02, 2023 @11:54AM (#37362637)

I never said we can perfectly model rational actors. I did say we can now do it better than before.

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Re:Pooling and Sharing of wealth make everyone's wealth grow... by tchaffee on Saturday September 02, 2023 @03:53PM (#37364924)

Fair point that you're just making a prediction about future capabilities. I'm not convinced but time will tell.

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