Project Cybersyn by Stafford Beer

Compared to the Feudal economies of Europe three hundred years ago, the profit driven industrial economies of today are robust and dynamic, but the present system is not the best possible conceived or devised.

Research the nature and structure of project Cybersyn developed by Stafford Beer. Using primitive teletype machines he developed and artificial intelligence control system for the economy of Chile. It was based on five layers of feedback loops to fine tune the efficiency of the economy. Typical free market capitalism only has one crude feedback loop. You need some basic understand of control theory, computer programming, and artificial intelligence principles to understand the revolutionary idea this represented ...


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William Schaeffer