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A Google engineer is in hot water for claiming the company's chatbot tech had become sentient. Meanwhile, Jerome Powell presumes to fight inflation technocratically, by raising the Fed Funds rate nearly a full percentage point. So is the engineer correct? Do technology and machine learning portend an end to scarcity and a solution to monetary policy? Jeff and Bob discuss.

Google Engineer Blake Lemoine's interview with LaMDA: Mises.org/HAP348-LaMDA Charles Haywood's on why AI is overblown: Mises.org/348-Haywood Read 'Yes, a Planned Economy Can Actually Work' at Jacobin: Mises.org/348-Jacobin Read Bureaucracy by Mises: Mises.org/Bureaucracy Bob's article on the Socialist Calculation Problem debate: Mises.org/348-Murphy20:T6b5,[{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Podcasts","item":"https://metacast.app/podcasts"},{"@type":"ListItem","position

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Episode description

Will AI Solve Scarcity?

Episode description