Rao, On Wed, Oct 28, 2015 at 11:51 PM, J Rao <[email protected]> wrote:
> Hi,: > > I like the business discussion, this list has too much useless debate > regarding non-issues like mind uploading, it would be great to see more > discussion on how to get funding for AGI research, what is the killer app > of a component of an AGI, etc. > > However I don't see the attraction of this proposal. Building a successful > startup requires a lot of efforts and luck, and the success rate is very > low (less than 10%). Correct, depending on your definition of "success". This technology is enough of a threat to various major Internet players that they almost have to buy this out - before it has a chance to squash them. Hence, it may not even have to work at all - or sell anything in the marketplace to become a financial "success". Given this broadening, I suspect the prospects for success may exceed 50%. > If this is my own idea that I think could lead to AGI, then I may invest > say 5 to 10 years of my life to make it happen, I am looking or one intensive technical year, followed by another more relaxed year as each part is refined and handed off to operations. Even if this somehow fails, the pieces have enough value to at least break even for the investors. Of course the innovators would get paid regardless of whether it is a success. > but for someone else idea that doesn't have much relation to AGI, I don't > see why I should bother... > How about a good wage while you do this, plus a lot of stock - enough to keep you and your family out of the workforce for the rest of your lives? That, plus a lot of "cred" for your own future projects. Steve ============================= > On 10/28/2015 6:20 AM, Steve Richfield wrote: > >> Hi all, >> >> I have been learning a LOT while looking for funding - which suggests we >> should all rethink our respective directions. >> >> The Jobs 2012 act made it possible to crowdfund projects not exceeding >> $10M without going through the whole SEC public offering hassle. Then along >> came sites like Kickstarter with their own visions for the future which >> does NOT include larger visions like those shared here. However, there are >> places like EquityNet in which larger ideas appear fundable, provided they >> don't bump up against $10M. >> >> When you look at ENTIRE projects including marketing, patent defense, >> etc., rather than just getting to a demo, $10M is really tight no matter >> what you are doing, especially if it involves any R&D. My own project to >> take over the Internet projected $10M when everything foreseeable was added >> in. >> >> So, I had an idea for an end-around where many of us here could get rich >> - and be well paid as we get rich. Further, this will provide a stepping >> stone to even bigger things - maybe even an eventual AGI. Chop my project >> up into the separately marketable pieces needed to make the system to take >> over the Internet, and construct them in separately funded corporations >> under a single umbrella. This way, each startup would be going into this >> with guaranteed customers, etc. The separate startups would include: >> >> 1. The core parsing and recognition technology >> 2. A smart web crawler that also gathers contact information, etc. >> 3. An idiom database with a few thousand common idioms and equivalent >> straightforward text >> 4. A medical database ala DrEliza only greatly extended >> 5. An AI marketing organization >> 6. An Internet sales organization >> 7. etc. >> >> Note that these pieces can be combined in various ways to make several >> strong products, e.g. NO ONE is going to write good code to understand text >> without the idiom database - and nothing like it now exists. >> >> You can see the publicly-disclosed parts of the plan by reading the >> patent at: >> >> http://www.google.com/patents/US8788263 >> >> Also, there are other subsequent applications now in the "mill". >> >> To make this work for you, we would work together to create a >> crowdfundable entity that you would be in charge of, to actually get paid >> well to do the work on the part of this project that you choose. These >> would be presented together as a package, but each would also have a >> marketing plan to survive and thrive outside of the package. This way, you >> would start with a salary and customers waiting, rather than building >> something for nothing, in the hope that customers will come, and further, >> there would have patent protection for at least some parts of these >> projects. >> >> Once you get your part up and running, you will have both money and >> credibility to build your own projects, rather than pieces of something >> else. >> >> Any interest in leading the charge to develop one of these pieces? >> >> Steve >> >> *AGI* | Archives <https://www.listbox.com/member/archive/303/=now> < >> https://www.listbox.com/member/archive/rss/303/26346070-1cd82ca6> | >> Modify <https://www.listbox.com/member/?&;> Your Subscription [Powered >> by Listbox] <http://www.listbox.com> >> >> > > > > ------------------------------------------- > AGI > Archives: https://www.listbox.com/member/archive/303/=now > RSS Feed: https://www.listbox.com/member/archive/rss/303/10443978-6f4c28ac > Modify Your Subscription: > https://www.listbox.com/member/?&; > > Powered by Listbox: http://www.listbox.com > -- Full employment can be had with the stoke of a pen. Simply institute a six hour workday. That will easily create enough new jobs to bring back full employment. ------------------------------------------- AGI Archives: https://www.listbox.com/member/archive/303/=now RSS Feed: https://www.listbox.com/member/archive/rss/303/21088071-f452e424 Modify Your Subscription: https://www.listbox.com/member/?member_id=21088071&id_secret=21088071-58d57657 Powered by Listbox: http://www.listbox.com
