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Economics Seen Through Robotic Eyes
Before reading this section, please read multilevel thinking
Human intuition often leads to confused thinking. When an individual has not studied economic science but has
absorbed economics through listening to politicians prattle on, level one thinking often prevails.
Level one thinking in economics at the lowest level of understanding tends to confuse goals with results. Voters are
asked to vote for the intentions of the politician rather than the results of the laws that the politician has or intends to
have passed.
After seeing how poorly humans make decisions, it is hard to believe in democracy. But wait before you decide that
democracy with human voters is bound to fail. Sooner or later computers will be called on to assist humans in voting
for their interests just like computers are called on to assist in filing income taxes in the United States.
Before reading this section, please read multilevel thinking
Human intuition often leads to confused thinking. When an individual has not studied economic science but has
absorbed economics through listening to politicians prattle on, level one thinking often prevails.
Level one thinking in economics at the lowest level of understanding tends to confuse goals with results. Voters are
asked to vote for the intentions of the politician rather than the results of the laws that the politician has or intends to
have passed.
After seeing how poorly humans make decisions, it is hard to believe in democracy. But wait before you decide that
democracy with human voters is bound to fail. Sooner or later computers will be called on to assist humans in voting
for their interests just like computers are called on to assist in filing income taxes in the United States.
Economics of Using Robots Example 01
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