Keynes for our times

Robert Skidelsky

Artificial intelligence has a penchant for pronouncements that are clear, confident…and often wrong. More than a passing technical flaw, this speaks to the difficulty we all—including AI’s human architects—face in dealing with uncertainty.

John Maynard Keynes, in contrast, understood that the future is essentially unknowable, and it is “better to be vaguely right than precisely wrong.” This insight remade economics in the 20th century, and it is but one of his ideas that are even more relevant in our own extremely uncertain times.

Πηγή: International Monetary Fund

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