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Re:Is growth in the financial sector good for the economy? by jevgeni on Monday July 20, 2015 @09:18AM (#9915793)
Say you're the engineer responsible for maintaining the Central Planning And Optimization Algorithm. What motivates you not to calibrate the algorithm in such a way that your family and your buddies benefit the most?
Re:Is growth in the financial sector good for the economy? by TeMPOraL on Monday July 20, 2015 @10:13AM (#9916131)
Nothing. Of course I'll be tempted to set things up so that those that matter to me have their problems solved. That's unfortunately human nature, that's what happens now (people can game distributed systems too), and I have no idea how to design a system that would be gaming-proof and perfectly egalitarian.

But even assuming that some people will abuse the system (as they do today and we still live with it), it seems plausible to me that the economy would still run better if everything was driven by global optimization algorithm fed with real-time data.