A Parable (about AI in large organizations) Once upon a time, in a kingdom nothing like our own, gold was very scarce, forcing jewelers to try and sell little tiny gold rings and bracelets. Then one day a PROSPECTOR came into the capitol sporting a large gold nugget he found in a hill to the west. As the word went out that there was "gold in them thar hills", the king decided to take an active management role. He appointed a "gold task force" which one year later told the king "you must spend lots of money to find gold, lest your enemies get richer than you." So a "Gold Center" was formed, staffed with many spiffy looking Ph.D. types who had recently published papers on gold (remarkably similar to their earlier papers on silver). Experienced prospectors had been interviewed, but they smelled and did not have a good grasp of gold theory. The Center bought a large number of state of the art bulldozers and took them to a large field they had found that was both easy to drive on and freeway accessible. After a week of sore rumps, getting dirty, and not finding anything, they decided they could best help the gold cause by researching better tools. So they set up some demo sand hills in clear view of the king's castle and stuffed them with nicely polished gold bars. Then they split into various research projects, such as "bigger diggers", for handling gold boulders if they found any, and "timber-gold alloys", for making houses from the stuff when gold eventually became plentiful. After a while the town barons complained loud enough and also got some gold research money. The lion's share was allocated to the most politically powerful barons, who assigned it to looking for gold in places where it would be very convenient to find it, such as in rich jewelers' backyards. A few bulldozers, bought from smiling bulldozer salespeople wearing "Gold is the Future" buttons, were time shared across the land. Searchers who, in their allotted three days per month of bulldozer time, could just not find anything in the backyards of "gold committed" jewelers were admonished to search harder next month. The smart money understood that bulldozers were the best digging tool, even though they were expensive and hard to use. Some backward prospector types, however, persisted in panning for gold in secluded streams. Though they did have some success, gold theorists knew that this was due to dumb luck and the incorporation of advanced bulldozer research ideas in later pan designs. After many years of little success, the king decided the whole pursuit was a waste and cut off all funding. The Center people quickly unearthed their papers which had said so all along. The end. P.S. There really was gold in them thar hills. Still is. by Robin Hanson (using silverstein@sushi)