{"id":14480,"date":"2026-09-21T16:45:10","date_gmt":"2026-09-21T23:45:10","guid":{"rendered":"https:\/\/maverickphilosopher.blog\/?p=14480"},"modified":"2026-09-21T16:45:10","modified_gmt":"2026-09-21T23:45:10","slug":"hayek-polanyi-tacit-knowledge-and-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/maverickphilosopher.blog\/index.php\/2026\/09\/21\/hayek-polanyi-tacit-knowledge-and-artificial-intelligence\/","title":{"rendered":"Hayek, Polanyi, Tacit Knowledge and Artificial Intelligence"},"content":{"rendered":"<p><a href=\"https:\/\/reliancecollege.org\/knowledge-problem-and-ai\/?utm_medium=paid&amp;utm_source=fb&amp;utm_id=120251374766060455&amp;utm_content=120251374767610455&amp;utm_term=120251374766400455&amp;utm_campaign=120251374766060455\">On the Knowledge Problem, Tacit Knowledge, and Artificial Intelligence<\/a> is an article we need to study.\u00a0 It begins:<\/p>\n<blockquote>\n<p class=\"wp-block-paragraph\" style=\"text-align: justify;\"><em><span style=\"font-size: 12pt;\">In May 2023 the MIT economist Daron Acemoglu, who went on to share the 2024 Nobel prize in economics,\u00a0<a href=\"https:\/\/x.com\/DAcemogluMIT\/status\/1660269232699977730\">asked a question on Twitter<\/a>. Friedrich Hayek argued in 1945 that central planning fails because no planner can collect and compute all the information an economy runs on. \u201cWhat if computational power of central planners improved tremendously?\u201d Acemoglu wrote. \u201cWould Hayek then be happy with central planning?\u201d<\/span><\/em><\/p>\n<p class=\"wp-block-paragraph\" style=\"text-align: justify;\"><em><span style=\"font-size: 12pt;\">About thirty economists sent him the same reply, according to Shruti Rajagopalan, who hosts the Mercatus Center\u2019s\u00a0<a href=\"https:\/\/www.mercatus.org\/ideasofindia\/pete-boettke-austrian-economics-and-knowledge-problem\" target=\"_blank\" rel=\"noopener\">Ideas of India podcast<\/a>: Hayek never made a computational argument. He made an argument about the nature of knowledge itself. Acemoglu reached the same conclusion in print that June. In\u00a0<a href=\"https:\/\/www.international-economy.com\/TIE_Sp23_Acemoglu.pdf\" target=\"_blank\" rel=\"noopener\">an essay titled \u201cHayek vs. AI Socialism\u201d<\/a>, he quoted Hayek\u2019s warning that the relevant knowledge \u201cby its nature cannot enter into statistics\u201d and concluded that \u201cnot even an all-powerful large language model\u201d could deal with it. AI socialism, he wrote, \u201coffers only a superficial critique of Hayek.\u201d That distinction is the whole story, and it explains why a model trained on most of what has ever been written still cannot do what a well-trained human mind does.<\/span><\/em><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>On the Knowledge Problem, Tacit Knowledge, and Artificial Intelligence is an article we need to study.\u00a0 It begins: In May 2023 the MIT economist Daron Acemoglu, who went on to share the 2024 Nobel prize in economics,\u00a0asked a question on Twitter. Friedrich Hayek argued in 1945 that central planning fails because no planner can collect &hellip; <a href=\"https:\/\/maverickphilosopher.blog\/index.php\/2026\/09\/21\/hayek-polanyi-tacit-knowledge-and-artificial-intelligence\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hayek, Polanyi, Tacit Knowledge and Artificial Intelligence&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,353],"tags":[],"class_list":["post-14480","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence","category-knowledge"],"_links":{"self":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/posts\/14480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/comments?post=14480"}],"version-history":[{"count":1,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/posts\/14480\/revisions"}],"predecessor-version":[{"id":14481,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/posts\/14480\/revisions\/14481"}],"wp:attachment":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/media?parent=14480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/categories?post=14480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/tags?post=14480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}