Hi,
> > The majority of VC's do, as you say, want a technology that is sewn up, > from the point of view of technical feasibility. But this is not always > true. There is always a gray area at the fringe of feasibility where > the last set of questions has not been *fully* answered before money is > thrown at it. I believe this happened in a number of projects during > the dot-com insanity. A lot of things were possible in that period that aren't possible during normal business conditions... > > > If I am right in this last idea, VCs have a stark choice: if they want > AGI, they have to relax their insistence on a project that does not have > that last "research" step. If they insist on something stronger, they > can kiss goodbye to ever getting an AGI. > Well, VC's don't give a crap about AGI, at least not in their capacity as VC's. They just want to make $$ in a certain way, according to a certain risk profile... So it is only via an unusual combination of factors that a VC is going to invest in an AGI project. And of course, if this unusual combination occurs ONCE, and yields successful results ... then every VC will want to jump on board and invest in AGI as quickly as possible and at a generous valuation ;-) -- Ben G ----- 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=66454614-75c7de