Management professor. Amateur musician. Aspiring Florida Man. I tweet about politics and business, but I'm mainly here for the jokes. Puns definitely intended!
๐ New research alert ๐
How do firms influence their competitive environment?
In a new article in Journal of Management Studies, my co-authors and I address this question with interesting data and findings. Link below.
https://t.co/wCXgcyAv2Z
Arguably the most under-appreciated fact in US economic history: FDRโs statist policies lengthened and deepened the Great Depression. https://t.co/7DO0dXVZJy
@StarChamberMaid He would know that if he actually produced any scientific knowledge. Out of curiosity I looked him up on google scholar once and he has almost no scientific publications. Sad!
I see the idea of AI socialism is back in the news again today.
Iโll just reiterate what Iโve said here many times before: The idea of nationalizing AI โ whether โhardโ (complete govt ownership) or โsoftโ (equity stakes) nationalization โ should be rejected in all its forms. It does not matter whether AI nationalization is being pitched by Bernie Sanders, national security hawks, or AI companies themselves โ all flavors of AI socialism are poisonous and must be stopped.
Nationalizing AI, or even treating AI like a regulated monopoly or public utility, would have the same deleterious effects (and then some) that we have seen in countless other historical case studies. The entire history of nationalization and utility-style regulation is one of capture and cronyism, diminished innovation and consumer welfare, and censorial controls on speech in the case of information and communications technology (ICT) markets. Our nation would lose its competitive advantage in computation and algorithmic innovation if we took this disastrous path for AI. AI would become a Technology of Control instead of a Technology of Freedom.
Below you will find some journal articles and essays Iโve authored on the ugly history of soft nationalization and regulated utility economics and politics in the ICT policy world. We must not repeat this disastrous history with AI.