It will b e very hard at that point to hold up in court, given that the AGI
must choose who gets what, cause there sure aint no precedent for a
non-legal-entity like an AI for making legal decisions.
Will have to have it declared a "person" first.
James Ratcliff
Benjamin Goertzel <[EMAIL PROTECTED]> wrote:
So you are going to make a special set of corporate bylaws that disentangle
shares from control?
Hmmm...
Something like: the initial "trustworthy owners" are given temporary
trusteeship over the shares, but are then bound to distribute them according to
the wishes of the AGI once the AGI passes some threshold level of
intelligence??
I suppose that could work...
I know the Frankfurter Allgemaine Zeitung (famous German newspaper) is operated
by each of the 5 publishers being given trusteeship over 1/5 of the shares ...
but then they pass this trusteeship along to their successors when they
retire...
-- Ben G
On 6/3/07, Mark Waser <[EMAIL PROTECTED]> wrote: :-) The ones
controlling the company are that set of trustworthy owners that I mentioned
before. One of the reasons why I'm not giving out intermediate options is to
prevent questions/problems like this.
I *do* understand pretty well how VCs think/operate and the biggest drawback
is going to be that, in order to protect the AGI, we're not going to be
willing to give up a majority share.
----- Original Message -----
From: Benjamin Goertzel
To: agi@v2.listbox.com
Sent: Sunday, June 03, 2007 9:08 PM
Subject: Re: [agi] Open AGI Consortium
Because, unless they take a majority share, they want to know who it is
they're dealing with... i.e. who is controlling the company
One of the most important things an investor looks at is THE PEOPLE who are
controlling the company, and in your scheme, it is not clear who that is...
Yes, you can say "I control the company even though I don't have a
controlling set of shares", but investors are not likely to trust, this,
because they view financial ownership as the essence of motivation [since
that is what motivates them, by and large]
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James Ratcliff - http://falazar.com
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