regulation – AmericanDelusions

Further thoughts on making AI a good neighbor

October 14, 2023

What expectations and constraints should be placed on the development and ongoing deployment of AI systems? If one thinks about how we evaluate the merits of human sources of knowledge, we can see some useful practices that may help us develop expectations and constraints to govern AI and keep it --->> read more -->>

The Monopolization of America

November 26, 2018

Adam Smith discussed the harms caused by monopolies in the frequently, ritualistically cited book, The Wealth of Nations. The progressive politics of the end of the 19th century and into the beginning of the 20th was marked by a deep reaction to the monopolistic practices of large companies then. This --->> read more -->>

United Airlines, Monopoly/Oligopoly, The Natural Laws of Capitalism

April 17, 2017

The recent incident in which United Airlines used the Chicago Police Department to enforce its corporate policies has already roused plenty of comments. Many have focused on the clumsiness, even callousness of the policy and its later justifications by senior managers. This is missing a more telling point about airline --->> read more -->>

Inside Goldman Sachs with the Federal Reserve

September 27, 2014

The relationship between our financial services industry, our government, and us, ordinary citizens who have repeatedly suffered the consequences of the avarice and incompetence of this industry, has always been troubled. Booms, busts, crashes, bubbles, depressions, inflation. Since the beginning of the 2008 Great Recession we have hoped that the --->> read more -->>