In what ways can mechanical thinking contribute to the process of rent seeking?
Mechanical thinking- algorithms
How can mechanical thinking contribute to rent seeking?
What effects of Mechanical contribute in rent seeking?
What is rent seeking? Is taking wealth one has not created by manipulated others. Not advertising, not being greedy, not exploiting the poor. Although exploiting is quality od a rent seeker it is not renting because
What is Mechanical thinking? --- “The automation of thinking”- Is the dependence on algorithm, using algorithms to think for us.
What are algorithms
Algorithms are that procedures that enable mechanical thinking, Algorithms is a step by step program that solve problems, for example in math the formulas. Algorithm was invented to replace a thought process
How does using algorithms to think for us contribute to the rich taking wealth that has created not by manipulating others.
Lack of information- selling false investments
Transparency
Allies