Thursday, October 05, 2023

A good way to fight the reigning Bureaucracy Autocracy is with a Citizens’ Democracy, empowered by Artificial Intelligence.

By means of e.g.;

Does the Income Tax Credit (ITC) distort the incentives to get back to work?
If so, have you any ideas of how distortion could be eliminated or at least diminished?

"If you had access to real time data provided by a great number of outlets and other sources, would you be able to provide reasonable inflation figures estimates without us having to incur in current time lags?"

"Would now John F. Kennedy have wanted to deliver his 1963 'Ich bin ein Berliner' speech? 
If the Berlin Wall was still up, would now Ronald Reagan have needed to tell Putin, 'Tear down this wall'?"

"Do you think that if given the necessary information in a timely fashion, you could be helpful to the US Congress in its process of deciding the federal government budget? If so, could your participation provide the citizens with more transparency on the proceedings and final budgets?"
https://perkurowski.blogspot.com/2023/10/ai-chatgpt-openai-could-you-help-and.html

"If as a consequence of US Congress not increasing the debt ceiling there’s a government shutdown, how could you assist taxpaying citizens in making sure the shutdown is managed the best way possible e.g., that what’s really most needed is prioritized?"

"Could you help implement a system that transparently monitors whether social security and pension funds have sufficient reserves; and thereby foster the understanding that helps reduce the possibility of intergenerational conflicts?"
http://perkurowski.blogspot.com/2023/08/ai-chatgpt-openai-could-you-implement.html

"Can you visualize AI being used to measure the effectiveness of governments? E.g., how tax revenues have been used in different programs; or giving updates in real time on how many are employed or contracted to deliver specific results?"

"If we compare the economy to a human body, have not regulators, with risk weighted bank capital/equity requirements, imposed a lousy diet with way too much carbs and way too little proteins? Has that not produced dangerous obesity?"

"When fighting climate change how do we avoid the systemic risk with "experts" and profiteers distorting the allocation of resources?"

"If allowing banks to hold much less capital against government debt than against other assets, does that not translate into a de facto subsidy of government borrowings that guarantees excessive levels of government debts?"

“Suppose a virus hits a nation, and it’s evident that its mortality rate depends most on age. In such a case, is transmitting data about the total number of deaths, without discriminating by age, not a serious misinformation?”