Many people have seen the parallels between accounting and some AI-related
disciplines, like NNs. Some people have even implemented NNs on economic
platforms like Excel.

Slightly more advanced methods utilize double-ledger accounting, as a
cross-check to avoid making errors.

However, the latest and greatest method(s) use quadruple ledger accounting
to reach an "understanding" of the process. Most of the present articles on
quadruple ledger accounting come from the World Bank, who now uses it to
help understand the world economy.

Here, ALL transactions move money one way, and products the other way. Each
entity has separate accounting for money and products, and transaction
pairs must each be for the same value.

The same might work in an AGI setting, where the equivalent to "money" is
the probabilities now being computed and handled as they now are, and the
equivalent to "product" is the separately computed value of that
information to the organism.

Among other things, this would establish a clear "coin of the realm" as
others have already discussed here on this forum - an economic model that
is self-correcting due to economic constraints. You can sell more than the
value of what you can produce, even in an information economy like NNs or
AGIs.

Anyway, for those who are pushing an economic approach to AGI, this might
be an important piece of the magic needed to make it work.

Any thoughts?

Steve



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AGI
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