Would a government be able to know which agricultural products are needed and how much of them are needed?

In his paper, Hayek argues that knowledge is dispersed and for that reason it is impossible to have a
planned economy. During the days of Hayek computers were not very advanced and it was
impossible to collect huge amounts of data, analyse it and react in real time. Nowadays stock trade is
being performed by computers and humans do not intervene. This raises the questions whether we
are closer today to the possibility of a planned economy. In this essay we ask you to evaluate to what
extent it would be possible for a government that has access to modern technology (e.g., AI and
algorithms) to plan supply and demand for agriculture (I.e., can a government have access to the
knowledge of particular time, place and circumstance)? This implies that your essay should not focus
on whether a planned economy does a better job than a free market economy. Would a government
be able to know which agricultural products are needed and how much of them are needed? Make
your assumptions explicit. If a government is not able to collect all necessary data, argue how big
that problem is: do estimations of supply and demand become very inaccurate? Underpin your
arguments with sources. What other types of knowledge of particular time, place and circumstance
might a government fail to collect on time? Argue why it cannot collect that type of data and how big
that problem is. Use sources to underpin your argument. In your essay you should ignore export of
agricultural products.