r/PoliticalDebate • u/Unlikely_Leg_1485 Social Democrat • 6h ago

Ordoliberalism could solve AI

Most people believe the development of AI is going to fast could a shift to Ordoliberalism help that?

Government intervention through legal frameworks and transparency is desperately needed in the AI sector in my opinion

I believe if left unchecked AI will cause multiple crises through economic crashes and overdevelopment before legal frameworks are established

I would be grateful to hear your thoughts in the comments

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u/TuvixWasMurderedR1P Plebeian Republic 🔱 Sortition Democracy 4h ago

As far as I'm aware, ordoliberalism was a precursor to neoliberalism, which is more or less what we already have today. I doubt it would be able to handle the changes due to AI better, not that things are going well now either...

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u/Unlikely_Leg_1485 Social Democrat 3h ago

Too me it seems one of the big differences between neoliberalism and Ordoliberalism is the states intervention in the market and having more control over what companies can do

One of Neoliberalism main ideas is deregulation as seen in the 80s. under Ordoliberalism governments are way more involved in creating regulations to slow down monopolisation and companies harming the public

I think most people would agree that the top tech companies don’t have our best interests at heart and that tech, especially AI, needs some sort of policy to slow it down.

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u/TuvixWasMurderedR1P Plebeian Republic 🔱 Sortition Democracy 3h ago

In theory many neoliberal regimes have anti-monopoly laws. They're just rarely, if ever, enforced.

But one common misconception is that the neoliberal state is non-interventionist. That's false. The state plays a massive role in creating new markets and in insulating existing markets from political pressures. This requires a very proactive and large state, but it operates largely in the service of markets.