So what can other AGI entrepreneurs learn from the recent big-$$ infusions
to Deep Mind (via acquisition) and Vicarious (by investment)?

The main lesson I take from this is the obvious one, that a great **really
working** (not quasi faked up) demo goes a long way...

Vicarious beat CAPTCHA

http://www.kurzweilai.net/vicarious-ai-breaks-captcha-turing-test

-- an accomplishment very easy for any Internet user to understand

The Deep Mind demo that impressed Larry Page was the ability to beat simple
video games via reinforcement learning

http://hn.meteor.com/posts/7135816-68640

Note that (analogously to IBM Watson), both of these demos involve making
the AI meet a challenge that was not defined by the AI makers themselves,
but was rather judiciously plucked from the space of challenges posed by
the human world....

I.e.: doing something easily visually appreciable, that previously only
humans could do...

Clearly Deep Mind and Vicarious did not excel particularly in terms of
*business model*, as compared to many other firms out there...

Other, also fairly obvious points from these acquisitions are:

1)
For an acquihire-flavored acquisition at a high price, you really want a
team of engineers in a First World country, who look like the profile of
people the acquiring company would want to hire.

2)
Having well-connected, appropriately respected early investors goes a long
way.  Vicarious and Deep Mind both had Founders Fund investment.   Of
course FF investment didn't save Halcyon Molecular, so it's no guarantee,
but having the right early-stage investors is certainly valuable..

...

-- Ben G



On Sat, Mar 22, 2014 at 1:13 PM, Ben Goertzel <[email protected]> wrote:

>
> I would prefer to make AGI open source, not within a megacorporation...
>
>
> On Sat, Mar 22, 2014 at 1:10 PM, Azn A <[email protected]> wrote:
>
>> How much have they offered you Ben? If DeepMind can sell for 500 million
>> with just a few ideas, they should be offering you truck loads right? ;)
>>
>>
>> On Fri, Mar 21, 2014 at 9:04 PM, Piaget Modeler <
>> [email protected]> wrote:
>>
>>> And so it continues.
>>>
>>> 500 million for DeepMind
>>> 40+ million for Vicarious
>>>
>>> Who's next?
>>>
>>> ~PM
>>>
>>> ------------------------------
>>> Date: Fri, 21 Mar 2014 20:56:40 -0700
>>> Subject: [agi] Elon Musk And Mark Zuckerberg Have Invested $40 Million
>>> In a so called Artificial Intelligence Company
>>> From: [email protected]
>>> To: [email protected]
>>>
>>>
>>>
>>> http://www.businessinsider.com/elon-musk-mark-zuckerberg-invest-in-vicarious-2014-3
>>>
>>> Does that upset you? aha
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>
>
> --
> Ben Goertzel, PhD
> http://goertzel.org
>
> "In an insane world, the sane man must appear to be insane". -- Capt.
> James T. Kirk
>
> "Emancipate yourself from mental slavery / None but ourselves can free our
> minds" -- Robert Nesta Marley
>



-- 
Ben Goertzel, PhD
http://goertzel.org

"In an insane world, the sane man must appear to be insane". -- Capt. James
T. Kirk

"Emancipate yourself from mental slavery / None but ourselves can free our
minds" -- Robert Nesta Marley



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