[cropcirclbureau]

Yes but can the market not be wrong? Wrong in the sense that, failing to meet our expectations as a useful engine of society? As I understood, what was meant with this this article is that AI completely changes the equations across the board that current market direction appears dangerously irrational to OP. I'm not sure what was meant with your comment though besides haggling over semantics and attacking some in-expertise of the authors socio-politic philosophizing that you perceive.

[simgt]

Of course it can be wrong, and it is in many instances. It's a religion. The vast, vast majority of us would prefer to live in a stable climate with unpolluted water and some fish left in the oceans, yet "the market" is leading us elsewhere.

[rootusrootus]

I don't like the idea of likening the market to a religion, but I think it definitely has some glaring flaws. In my mind the biggest is that the market is very effective at showing the consensus of short-term priorities, but it has no ability to reflect long-term strategic consensus.