Eliezer, I think the best thing to do, if you wanted to monetize a pattern-recognizing AGI but didn't want to start a "real business" yourself, would be to hire a single business development person and a single "computer scientist consultant" and have them help you set up partnership deals with existing companies.
This could bring you a LOT of revenue streams from a lot of different markets, IF you had a really kick-ass demonstration of your system's general pattern-recognition ability. If your different partners were in different vertical markets, you could structure the licensing deals so that no one stepped on anyone else's toes. Then all you need is for one of them to succeed big-time, and you've got it made. Even financial prediction, to run it as a business yourself, requires a lot of effort and business sense. But partnering with an existing financial prediction company and taking a % of the revenue, requires nothing but signing a licensing agreement and providing their programmers with access to your code and docs. You just need an impressive enough demonstration of your tech to wow them and get the deal. The list of domain-specific companies you could partner with in this way is endless. Manufacturing (supply and demand prediction), insurance (risk management), biotech (bio data analysis) .. I could list hundreds of possibilities. Yeah, OK, this is basically Novamente LLC's business model. Except that we don't have a real AGI yet, I'm the business development person (ugh), and our first licensing deal is with Biomind LLC, a company that we (the Novamente team) also cofounded ;-) -- Ben > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On > Behalf Of Eliezer S. Yudkowsky > Sent: Tuesday, February 18, 2003 4:07 PM > To: [EMAIL PROTECTED] > Subject: [agi] Low-hanging fruits for true AGIs > > > Okay, hypothetical question... and yes, it's really > hypothetical... if you > had a true AGI, say with very powerful pattern-recognition intelligence > but perhaps not with much in the way of natural human interaction yet, > what would be the simplest and least effortful way to make money with it? > Stock markets and commodities markets are obvious targets, and trading > itself is relatively simple to set up through an online broker; but is > there any freely available online source of data rich enough to perform > prediction on, assuming that stock markets and commodities > markets contain > at least some AGI-recognizable, previously unrecognized, usefully > predictable and reliably exploitable empirical regularities? > > Or does any attempt to generate money via AGI require launching > at least a > small specialized company to do so? > > -- > Eliezer S. Yudkowsky http://singinst.org/ > Research Fellow, Singularity Institute for Artificial Intelligence > > ------- > To unsubscribe, change your address, or temporarily deactivate > your subscription, > please go to http://v2.listbox.com/member/?[EMAIL PROTECTED] > ------- To unsubscribe, change your address, or temporarily deactivate your subscription, please go to http://v2.listbox.com/member/?[EMAIL PROTECTED]
