InFi: the Future of Finance

Ep. 131: Do Large Language Models "Act" in the Austrian Economics Sense?

April 3, 2026·1h 28m
Episode Description from the Publisher

Michael Fraser is co-founder of Action / Insight, a business AI consulting firm out of Toronto. He is also an amateur expert in Austrian economics, and recently presented a conference paper arguing that today's leading LLMs (such as Claude or ChatGPT) satisfy the criteria for "action" laid out by Ludwig von Mises. Related: - https://infineo.ai/podcast/22  - https://actioninsight.ai  Watch the video version of this episode here: https://youtu.be/jwB_yIkTlNE  Subscribe to our YouTube channel: https://bit.ly/3XXfmGS  Follow us on Instagram: https://www.instagram.com/infineogroup  Follow us on Twitter: https://www.twitter.com/infineogroup  Learn more about Infineo at: https://www.infineo.io  Audio Production by Podsworth Media - https://podsworth.com

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