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Danish government makes its new economic model open source

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41–50 of 166 posts

Re: Danish government makes its new economic model open source

#41
I've often wondered whether the first super-intelligent AI that gets created, if it somehow manages to be both under government control and not put to strictly military uses, might be tasked with modelling the economy and deciding on the "correct" set of economic policies.

Extending the scope of AI decision-making outside of the realm of economics seems much harder, though, as there's much less training data for questions like how to educate students in a pandemic, or whether to loosen planning rules for building wind turbines.

I suspect that before AI becomes capable of providing good answers to those questions, it will already have changed the world beyond recognition, and probably not in a good way. The best we can hope for is mass unemployment and a UBI, which will also make all economic models obsolete too.

Re: Danish government makes its new economic model open source

#44
post #18

Wow, cool! The model is specified as a constrained nonlinear optimization problem for which a solution is found using high-quality proprietary numerical solvers.[a] All partial differential equations specifying the model have a basis in economic theory or in heuristics and approximations shown to be consistent with reality. Parameters come directly from (what I assume is a large amount of) economic data collected by…

Thanks! Julia was not even in 1.0 when we started the project, but would absolutely be a great choice today. So far, only the Conopt4 solver can solve our model, which means we have to go through GAMS even if we rewrite in Julia. I saw Rackauckas' JuliaCon presentation where he talks about ML approximations and immediately got excited too.

What is your opinion of this vs Gurobi ?

The only reason I ask is because your model is written in a proprietary language. While Gurobi models are written in Python (and solved by the silver).

Just curious if you found it not effective.

Re: Danish government makes its new economic model open source

#49
post #46
post #45

Turkish Government needs to take a look at this.

Do you mean the Turkiye government? ;) (Reference to the recent news item that Erdogan made a public statement in which he renamed Turkey to Turkiye in English.)

Do countries get to declare how their names are spelled in other languages?

Re: Danish government makes its new economic model open source

#50

Quoted post unavailable.

An actual belief in this is ridiculous, and taking light on literal war and anti democratic effort and meme'ing it as "freedomed" is absolutely disgusting. You know that these are real human beings we are talking about right?

Oh wow, someone getting upset and moralistic at black humour. I’ve never seen this episode before.

No, the real joke is that the US ‘freedomed’ a democratically elected socialist government and replaced them with a ‘pro-freedom’ dictator with the full support of other western countries, as they have done multiple times before.

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