Benjamin Goertzel wrote:

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...

Actually yes, I was forgetting myself: I meant "investors" generally, rather than VCs.




Richard Loosemore

-----
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=66459127-e82f11

Reply via email to