Thanks @mig. I agree on all points.
Thinking of feedback loops, they are apparent in AI art in a big way. It’s like the networks are on acid! Nb there is a theory that babies are in a similar state and my be why they are able to learn so rapidly; something to do with cranial pressure before the skull fuses (also see trepanning (not advised)).
I guess that the magic of the market is in the risk taking and trusting that in general the market will grow. It allows growth but there is some waste but the waste is needed just as much as the rest. If Ai were able to solve the market, I imagine that AI would be employed to re-garble it somewhat - just to maintain the system.
Fascinating area of enquiry. I will be watching this thread.