econlib.org/econlog/prices-as-a-map-for-minds-that-cant-know-everything Prices as a Map for Minds That Can’t Know Everything
Independent AI agents acquiring their own computing power and acting without human oversight sound like science fiction, but they run into a very old economic problem: they can't read minds. The fix dates to 1945, when Friedrich Hayek argued that scattered, local knowledge gets compressed into a single number, the price, and that's exactly what a rogue algorithm would need too.
— via EconLog (Econlib), Joy Buchanan