Adam Smith’s Invisible Hand as Self-control Mechanism of Social Structures

Download or Read eBook Adam Smith’s Invisible Hand as Self-control Mechanism of Social Structures PDF written by Tadeusz Szuba and published by Springer Nature. This book was released on 2022-11-07 with total page 404 pages. Available in PDF, EPUB and Kindle.
Adam Smith’s Invisible Hand as Self-control Mechanism of Social Structures
Author :
Publisher : Springer Nature
Total Pages : 404
Release :
ISBN-10 : 9783031062568
ISBN-13 : 3031062566
Rating : 4/5 (68 Downloads)

Book Synopsis Adam Smith’s Invisible Hand as Self-control Mechanism of Social Structures by : Tadeusz Szuba

Book excerpt: This book shows how such a computational process functions, how great is its power and versatility, since it is possible to show how discoveries are made. In 1759, A. Smith realized that there must exist an additional powerful control mechanism behind Great Britain’s authority and government, explaining the extraordinary successes of Great Britain. He called this the Invisible Hand. Despite having used this term only 3 times, the idea evokes extreme scientific and political emotions to this day. If we apply a molecular model of computation, such as in in Adleman’s DNA computer, a computational model for the Invisible Hand can be built to show how it affects a society. It is a spontaneous, unconscious, distributed, noncontinuous computational process on the platform of minds of, e.g., people or ants. Knowing this mechanism, a future self-steering and self-optimization system for AI robot teams can be proposed, e.g., for construction sites and rescue operations.


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