The Human Action Podcast

Home | Mises Library | Per Bylund on AI and the Structure of Production

Per Bylund on AI and the Structure of Production

Mises Weekends with Jeff Deist

Tags Big GovernmentThe Police State

04/20/2018Per BylundJeff Deist

Our guest is Dr. Per Bylund of Oklahoma State University, who joins Jeff Deist to dispel some of the myths surrounding artificial intelligence and mass data collection. AI is just the next evolution of smart software, Bylund argues, and should be celebrated like all technology as higher order capital goods that increase productivity and wealth. He also argues that Hayek's knowledge problem won't be overcome by computing power anytime soon, because no amount of data can fully explain subjective human wants and values. What makes AI and data mining potentially dangerous, Bylund reminds us, is their misuse by government.

See Per Bylund's article "What Makes AI Dangerous? The State".

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Authors:

Contact Per Bylund

Per Bylund is assistant professor of entrepreneurship & Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship at Oklahoma State University. Website: PerBylund.com.

Contact Jeff Deist

Jeff Deist is president of the Mises Institute. He previously worked as chief of staff to Congressman Ron Paul, and as an attorney for private equity clients. Contact: email; Twitter.

When commenting, please post a concise, civil, and informative comment. Full comment policy here
Shield icon view