Matt Levine: "Which honestly is a little bit cool? I mean, bad, whatever, correlated and predictable and manipulable. But also, like, everyone who runs the big frontier artificial intelligence labs is going around saying that in a few years they will build a superintelligence. What if one good use of superintelligence is deciding how to allocate capital throughout the economy? What if Claude becomes all-wise and all-knowing? What if we just delegated all economic decisions to Claude; what if it wisely decided what projects to fund and what businesses to pursue? How would that happen? How would “we,” collectively, delegate all our economic decisions to Claude? Maybe like this? Maybe all the retail investors will delegate their investing decisions to Claude."

https://archive.is/6L68L