Will AI become intelligent enough to figure out how to perfectly organise our economies?

Alex Tabarrok:

No …

The main reason is that AIs will themselves be part of the economy. …

One of the things I’m doing today is getting rid of lots of interesting links that have hung about on my computer since I don’t know when, without actually getting rid of them, in other words by putting them here. The idea was I’d have clever things to say, somewhere, about each of them, but all I really have to say about all of them is: Hmmm interesting.

Prague should build this shipwreck!

What do you reckon on this?:

It’s a big Shipwreck Thing that some people are trying to build in Prague. My first reaction, when I first set eyes on the above fake photo last night, was horror. But now that I have had time to live with this notion, I find myself quite liking it, in fact liking it a lot. It’s supposedly something to do with the havoc that climate change will unleash upon the world, in the form of vertical ships getting wrecked up against big city Things. But despite all that hysterical nonsense, I now very much like the idea of this particular, as yet only fantasised, Thing.

I’ve actually been to Prague a couple of times, and Prague, architecturally, has a problem, which is that its centre is not so much a city centre, more like an outdoor museum. It’s wall-to-wall Architectural History. Try to add so much as a tiny office extension and you are violating History itself.

World War 2 bombing and Communism have in common that, in addition to killing lots of innocent people, they often either totally flattened great swathes of historic architecture, or they left great swathes of historic architecture totally unscathed. Maybe a bit the worse for wear, drab, falling apart, seriously in need of a torrent of paint. But basically, some ancient European architectural wonderlands have managed to survive these twin scourges of mid-twentieth century Europe utterly unscathed. World War 2 bombing flattened the cities of Germany, and scattered destruction upon London, especially in the vicinity of the London docks. But it never laid a finger on Paris. Or, Prague. And although Communism did terrible things to all the poor bastards trying to live in Prague, Communism left the mere buildings of Prague untouched, as if in a time warp. Just because Communism wrecks the economy, it can sometimes then unleash zero in the way of economic development, which translated into architecture means: Nothing. Nothing built. Nothing destroyed to make way for anything built, because nothing is built. Weird but true. Hence: The centre of the City of Prague.

Or some cretin like Ceausescu would send in the bulldozers and destroy the place completely. But, with Communism, those are the chances you take.

But, as I say, the buildings in the middle of Prague survived the twentieth century totally. but meanwhile, the architectural outskirts of Prague got done over by Communism at its crassest. Concrete block after concrete block. You could be anywhere, and wherever you were, although it may have been your home and therefore nice for other reasons, but looked at in an unbiased way it was bloody horrible. I’m guessing it is still pretty dreary.

So, what’s to be done, in a place like Prague, short of someone hiring a gang of terrorists to scatter quite a few bombs around the place but not too many? Well, a logical answer is to leave the centre of Prague untouched, obviously, but also to do some very extreme architectural Things in the boring Communist hinterland, outside the centre. (Like La Défense in Paris, only more so.) And that would appear to be the idea of this scheme. Will many people consider it extremely ugly? Undoubtedly. But all must now agree that what would have happened instead would merely have been extremely boring.

“The project under preparation will be outside the protected zone of the urban conservation area and outside the area prohibiting high-rise buildings,” explained Trigema.

“At the same time, it is located far enough away from the Prague, so that it will not be visible from the vast majority of places in the centre of the metropolis and will not disturb the historical city skyline.”

There you go. I am totally for it. The fact that it is so totally bonkers is all part of why I am so totally for it. If anything, it sounds like it may be disappointingly far from the centre of the City, but it’s a good start.

At first, I thought they were going to erect a real shipwreck. But actually, if they do build it, the actual shipwreck bit will be a cunningly post-modernistical sculpture that merely looks like a shipwreck and which will actually be tremendous fun for tourists to wander about in and photo. Call it the Bilbao effect. Remember, when Frank Gehry first proposed that amazing Bilbao Thing, nobody had ever done anything like this before. The horror of typical first reactions was all part of why it became such a huge success.

So I say to Prague: Build this shipwreck!

I especially like how they want greenery to grow up from the top of the boring bit below, in and among the shipwreck. Nice touch.

Pork politics

GodDaughter2’s Dad, in conversation with me, recently came up with a good metaphor to describe the way that politics has moved from merely economic issues towards more “cultural” matters, like “identity” and so forth.

Politics has gone from pork barrel to pork pie.

Like.

A decade of photos – one from each year

I originally got together these photos, one for each year of the decade now ending, with Samizdata in mind. But then I did a posting looking back at Christmas Day for there, with lots of photos, and another posting there with lots of photos felt a bit superfluous. So, here they are here.

Left below: February 2010 – Piccadilly Circus.
Right below:January 2011 – Beyond the Thames Barrier.

Left below: July 2012 – A South African gets ready to bowl against England at the Oval.
Right below: September 2013 – London Gateway takes shape.

Left below: March 2014 – Detlev Schlichter speaks about Austrian Economics.
Right below: July 2015 – Sunshine bounces off the Broadgate Tower and lands outside Tate Modern.

Left below: August 2016 – The Oval Pavilion (see above) as seen from the top of the Tate Modern Extension.
Right below: Also at the top of Tate Modern, a photoer photos the Shard through a ball.

Left below: April 2018 – The statue of Sir Keith Park outside the Athaeneum.
Right below: September 2019 – A model of Old London Bridge.

I didn’t spend a huge amount of time picking these photos out from the archives. Aside from trying to pick out photos that I hadn’t blogged before, I just had a rootle around until I found a nice one for each year. But a different day doing the rootling, and there’d have been ten entirely different photos. But I like these ones, and I hope you do too.

Another podcast I just listened to that was good

Here.

It’s Bryan Caplan (the guy who gave this lecture that I recently attended), talking to Darren Grimes of the IEA. Caplan disagrees with most voters, but in an ingratiating way. As he himself says towards the end of the conversation, if you have disagreeable things to say, say them agreeably and people will be more likely to listen.

LATER: Now, I’m listening to another interview. Scott Adams autobiographising. Terrific.

Bryan Caplan – Hayek Memorial Lecture – photos and an instant summary

Earlier this evening, I (and a great many other people) attended the 19th Hayek Memorial Lecture:

Photo 1: I got there very early, hence all the empty seats.

The Official Photographer was Jean-Luc Picard. Not really, but photo 3 makes him look a bit like the noted space voyager.

Photo 4: The (large) room fills up.

Photo 5: Celeb sighting. Dominic Frisby. And is that his dad Terence he’s talking with? I think it just might be.

Photo 6: Syed Kamall, a recent IEA appointment. He gave someone a prize.

Photo 7: IEA boss Mark Littlewood does the intro.

Photos 8 and 9: Professor Bryan Caplan gives the lecture.

Photo 10: The first questioner was Vera Kichanova, one of the very few people in the audience whom I recognised.

Photo 11: Someone else photoing from the audience.

So, what did Caplan say? Briefly: poor country governments are often to blame for their bad economic policies, rich countries are often to blame for their bad immigration policies, and poor people, especially poor people in rich countries, are often to blame because they make bad decisions, especially bad decisions which hurt their children. That last one is the one you aren’t allowed to say, but most people still think this. When questioned about this, Caplan pointed out that refusing ever to blame poor people for their poverty is often a cause of bad policies. Instead of doing nothing (because it should be up to many poor people to help themselves), governments often do bad things. To “help”.

Another interesting thing about this lecture was that big multi-national enterprises came out of the story very well, basically for doing very well in poor countries, thereby proving that lots of people in poor and otherwise badly governed and badly managed countries could be doing far better, if they got the chance. That being why restrictive immigration policies do so much harm. They are keeping people who could do far better out of well governed countries.

There was also a guy videoing everything, so you won’t have to rely for ever on me to learn what Caplan said.

Because-Now-We-Can! architecture

You can seldom tell where an item of modern architecture is in the world just by looking at a photo or fake-photo of it. But, if you know your modern architecture, you can usually date it. This is because what look-at-me architecture looks like depends on what can, at any particular moment in architectural history, be done. When a new technique is devised, this new technique is used to make a kind of architecture that has not been seen before, and which hence attracts maximum attention.

Zaha Hadid is the firm that most perfectly exemplifies this latest phase of architectural modernity, because they are the people who have taken the latest new-thing-we-can-now-do to its most extreme limits:

Picture (hard to tell if it’s fake or real – guess: bit of both) found in this dezeen report on a new mega-airport in China.

What-we-can-now-do is keep track of lots of different bits and bobs in a building, so different that almost all these bits and bobs are unique in shape, with … computers. Time was when, if the Big Boss said: I want it to look like … this (draws weird shape on back of restaurant menu) there then followed a long to-and-fro argument between Big Boss and the Underlings (speaking on behalf of what is doable as opposed to merely dreamable), until the slightly weird but usually deeply disappointing and mis-shapen object finally appeared. Occasionally, something truly weird, like the Sydney Opera House, did emerge, looking remarkably like the back-of-the-restaurant-menu original. But, mostly the fantasy-versus-actually-doable back-and-forth took all the juice out of the original. It would have been simpler to scrap it and do something a bit more creative than usual with easily drawable and trackable rectangles.

Now? Big Boss can draw the weird shape, and then the massed slaves can duly construct the Big Thing, so that it really does look like the cover of a science fiction story.

Computers can now draw, and – crucially – redraw, anything. When a curve needs to change a bit, to fit in – I don’t know – some more luggage handlers or passport inspectors or a bigger private lair for airport surveillance creeps – the computer can redraw the new design, as re-ordained by the Big Boss on the back of another restaurant menu, in seconds. That kind of rejigging used to take months and frankly, couldn’t be done without costs crashing through the weirdly but in the end rather disappointingly shaped roof.

Give it a few years, and this Because-Now-We-Can! style will look horribly passé. For many, I’m guessing it already does. But for now, we now build buildings like this … because now we can!

Stephen Davies on the eflorescences that were stopped and on the eflorescence that was not stopped

I continue to struggle to find ways of communicating my enthusiasm for Stephen Davies’s new book, The Wealth Explosion: The Nature and Origins of Modernity. But I now think I know one of the reasons why I am struggling.

When you want to enthuse about a book on an historical subject, you probably want also to be summarising it, so that those who read of your enthusiasm but who won’t actually be reading the book itself (what with there being so much else to read (thanks to Modernity)), at least get an idea of what the book is about and why the guy who wrote it is so worthy of praise. I have come to realise that part of the reason for my difficulty in saying how much I liked and continue to like reading The Wealth Explosion is that this book is not only itself about Modernity, but is also a heroically succinct summary, of a big clutch of debates among historians generally about Modernity. What Modernity has been and is, what made it happen when it did and where it did, whether it’s a good thing (Davies thinks it very much is a good thing (as do I)), and whether Modernity will continue. That sort of thing. Almost every paragraph of this book is quotable, because it says so much, and alludes to so much, about so much, with so few words.

Here is a fascinatingly typical example of what I mean, which is to be found under the heading “Why the Later Eighteenth Century” (pp, 53-55):

… [T]here are two big questions that any explanatory account of modernity has to address and try to answer. The first is chronology. Why did the elements of modernity start to occur in the later eighteenth and early nineteenth century and not before? One obvious argument is that the critical factor. whatever it might be. appeared just before the takeoff and so led to it directly – this might be the cultural and intellectual changes posited by Mokyr and McCloskey for example. There are however other candidates for that role. Many authors however reject this and argue that the breakthrough after 1750 had deeper roots. going back into previous history.

This is a challenging argument to make at first sight, given that what we have to explain is not a change produced by a continuous process but rather one where there is a sudden change of gear or state that took place in a relatively short pace of time by historical standards. One way is to argue that what we have is a slow, cumulative process that at a particular point in time reached a tipping point where there was a sudden shift to a different level and kind of change. An analogy would be a pot of water on a stove. The temperature of the water will rise slowly but the change from water to water to steam will happen in a matter of minutes once boiling point arrives.

An even closer analogy is that of a primitive atomic pile: as more and more blocks of fuel are added to the pile nothing much happens at first apart from a gradual rise in heat until suddenly there is a critical mass of fuel, i.e. enough material in sufficiently close proximity to sustain a continuous chain reaction. This means that the breakthrough to modernity could not happen anywhere until the various preconditions were in place (either locally or globally) and that this came about as the result of a gradual build-up. Therefore, for example, Julian Simon argues that the key factor was simply the number of people and that the population levels needed for all of the other changes were not reached until the later eighteenth century and could not have been sustained earlier because of the inability to mechanise agriculture in any significant way.

The other approach is to argue that the breakthrough to modernity could have happened earlier and may even have started to happen, but was stopped. Eric Jones for example argues strongly for this approach. He points out that the central phenomena of intensive growth and innovation are, or should be, the natural result of economic exchange. Moreover we do indeed see them arising at various points in history before the eighteenth century. The biggest example (for which see the next chapter) was China under the Song dynasty and indeed at some other points in its history but there are other instances, such as the central Middle East under the early Abbasids in the eighth and ninth centuries, or the classical Mediterranean civilisation during both the second century AD and the Hellenic era after the death of Alexander. In addition there are also episodes throughout history of what we may call ‘ages of reason’, which see the development and articulation of materialist and sceptical thought – these can be found in the history of China, the Islamic world, India, and classical civilisation. (Their extent is often underestimated because frequently little has survived of their written work because of later reactions).

The point here is that we have earlier episodes of many of the central features of the modern revolution, such as intensive growth, technological innovation, and the ideas of critical rationalism but that these ‘eflorescences’ (as Jack Goldstone calls them) were not sustained. Instead, something choked them off. This is of course compatible with the first approach – the fact that these episodes were not sustained would on that view show that there was, by analogy, not enough fuel in the reactor to keep the chain reaction going. The alternative is, to continue the analogy, that there was already enough ‘fuel’ in the ‘reactor’ long before the reaction finally sustained itself in the later eighteenth century but that before then there was a control mechanism (analogous to the absorbent control rods in an actual reactor) that suppressed the process and stopped it from continuing when it could have.

This explanation in turn can take two different forms. One is that the ‘controls’ that prevented such earlier episodes from sustaining themselves were features of the social, political, and economic order of traditional societies that could have been changed but were not, for various reasons. The strongest candidate is the set of institutions described in the previous chapter, which arose as a response to the Malthusian constraints facing traditional agricultural societies, along with the need to have between eighty and ninety per cent of the population engaged in agriculture. These social practices and institutions seem to have proved very resilient and they had the effect, above all, of preventing sustained innovation. The other way of explaining the termination of ‘eflorescences’ is to emphasise, in addition to wider social obstacles, deliberate policy by rulers or rather the way that the interests of certain social groups and above all ruling classes led them to follow a course that had the effect of terminating such episodes and making them less likely to start in the first place. This is the view of a number of scholars such as Goldstone himself, Eric Jones, and Mark Elvin. The key historical episode for those who take this view is that of China under the Song and it is the failure of that particular ‘efflorescence’ to sustain itself that has attracted the most attention.

The above is one of a number of passages in The Wealth Explosion where Davies is (to me) irritatingly coy about the ways these eflorescences ran out of puff. Let me give the game away. Europe, at the moment when it mattered, was politically divided, while all those other places, and China in particular, was not. China’s rulers could and did end their eflorescence. Europe’s rulers couldn’t, and because they continued competing with one they instead encouraged their eflorescence to continue. Hence the wealth explosion of the title of this book.

I supplied another slightly longer summary, complete with the punch line that Davies keeps omitting, in this posting at Samizdata.

On the above matter, I wish that Davies had been less succinct. Consider the bit where he says – in brackets, like it’s just a throwaway thought – this:

(Their extent is often underestimated because frequently little has survived of their written work because of later reactions).

These eflorescences, in other words, were a bigger deal than most people think, even quite educated people, because the memory of them was deliberately expunged. I would have liked a whole chapter about the various eflorescences he’s talking about, together with much more in the way of argument to effect that they were indeed big deals, and that lots of evidence of their bigness was indeed expunged. As it is, we have to make do with the one fascinating chapter about just one of these eflorescences, the one that efloresced in Song China. But the scale and significance of each of these eflorescences is central to what this book is all about. Modernity did not get created only in Europe. Modernity was created all over the place. Europe is merely where Modernity was not suppressed.

Read more bits from this terrific book here, here, and here.

Three more DI Meg Dalton books to come (following on from the first three)

Until around yesterday, fans of Roz Watkins’s DI Meg Dalton (who include me (Roz being my niece)) had to be content with knowing that there were, or would be, for sure, in all, just three Meg Daltons to be read. There was the first, The Devil’s Dice. There is Dead Man’s Daughter. And in 2020 there will be Cut To The Bone. So, if you liked the first Meg Dalton, you could only be sure of two more books spent in her grumpy but appealing company.

But yesterday, with the announcement of a further three-book deal between Roz and her publisher, that three has now turned into six.

What this means is that if, before yesterday, you were wondering whether to make a start with this series, your best case would be that you liked your first Meg Dalton and would have two more to enjoy, one straight away, and another one quite soon. But now, if you like the first Meg Dalton you read, there will be five more.

Accordingly, the economics, if that’s the word, of reading about DI Meg Dalton’s adventures and ordeals have radically altered. Worst case, you won’t like the first Meg Dalton you read, and that will be that. That hasn’t changed. But if you like that first one, then the eventual reward that will follow just got massively bigger.

All of which means that there will now be an increased demand for the two early Meg Daltons, the two that have actually already been published.

Now is also a good time to be buying the very first one, The Devil’s Dice, for another reason, which is that Amazon is now selling the paperback of this for just £2. And actually you now can get it for under a quid from other sellers. Well worth that sort of money, I’d say.

All of which I learned from following Roz on Twitter.

Here is something of what I thought, of the second Meg Dalton, Dead Man’s Daughter.

Rich people look after exotic animals better than poor people do

Because they can.

Human Progress Dot Org:

Why are wolves increasing all around the world, lions decreasing and tigers now holding steady? Basically, because wolves are in rich countries, lions in poor countries and tigers in middle income countries. Prosperity is the solution not the problem.

Flagging up this piece by Matt Ridley.