Short-sightedness is the curse of our time. In the medieval times, they built cathedrals that took 400 years to complete. That gives quite some perspective when considering the time frame of today's VC/research projects.
/R 2007/10/19, Benjamin Goertzel <[EMAIL PROTECTED]>: > > > > > > AGI is poorly suited for venture capital in every case I can think > > of. Ignoring everything else, it tends to leave the venture > > constantly begging for capital which has serious consequences on > > performance and reputation. It is a Catch-22, though perhaps well- > > deserved. > > > > In short, traditional venture capital is a poor finance model for > > AGI. Which does not suggest other finance models. > > > > I think that AGI for agent control in virtual worlds is not so hopeless > in terms of appealing to VC's ... there's a real market there, and there's > > clearly a situation where more and more powerful AGI can yield more and > more profits... > > Having said that, I would still prefer to avoid the VC route for > Novamente. > > I have talked to a number of VC's in recent months -- and by and large > they > want to pigeonhole us as a company that forever will be focused on > whatever > our first product is gonna be.... (If your first product is for instance > an animal > in virtual worlds then -- bingo! -- you're a virtual animal company!!) > > VC's in nearly all cases don't have a long time horizon, so to find an AGI > opportunity that synergizes with their needs requires a good bit of > luck... > > -- Ben > > > ------------------------------ > This list is sponsored by AGIRI: http://www.agiri.org/email > To unsubscribe or change your options, please go to: > http://v2.listbox.com/member/?&; ----- This list is sponsored by AGIRI: http://www.agiri.org/email To unsubscribe or change your options, please go to: http://v2.listbox.com/member/?member_id=8660244&id_secret=55780891-6260e0
