On Nov 17, 2007 1:08 PM, Dennis Gorelik <[EMAIL PROTECTED]> wrote:

> Jiri,
>
> Give $1 for the research to who?
> Research team can easily eat millions $$$ without producing any useful
> results.
> If you just randomly pick researchers for investment, your chances to
> get any useful outcome from the project is close to zero.
>
> The best investing practise is to invest only into such teams that
> produced working prototype already.



Dennis,

What you are advocating is to fund Development but not Research.

I think the history of science in the last century shows that funding
Research as well as Development can be extremely valuable.

Of course, each individual Research team has only a small chance
of success if viewed from the big-picture perspective; but the $300M/year
annual funding that was posited could fund a lot of AGI Research teams.
Let's say it was used to fund 300 research teams at a rate of $1M/year
per team.  The odds are high that more than one of these teams would produce
breakthrough discoveries within a 5-10 year period, even though betting
on any individual team would be a long-shot.

The US Research funding establishment is doing a good job of funding
many sorts of research, but not AGI or life-extension.

-- Ben

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