I agree with Mark.  

The reason the readers of this forum should seek to control AGI development is 
to ensure friendly behavior, rather than leaving this responsibility to an Evil 
Company or to some military organization.
 
 With human labor removed as a constraint on our system's economic growth, 
unimaginable wealth will become universally available.  
I believe that the AGI will be the custodian (owner) of this vast new wealth, 
not some humans.  My argument is that human owned wealth is currently of two 
forms - (1) the result of human labor and (2)  rent-producing wealth from some 
asset.  In case (1) the AGI can substitute itself for the human labor and drive 
the asset market price to zero.  In case (2) only human-owned natural resource 
asserts (e.g. an oil field) present a problem  for the AGI which has to develop 
some new technology to substitute for the resource (e.g. AGI-owned electric 
vehicles).  

Therefore I think that the idea of getting rich by controlling AGI development 
is self-defeating because post-AGI everyone will be vastly richer (i.e. better 
off) than before, and that an AGI makes a better custodian of the capital than 
any human.  In my own case, Microsoft could not buy me out because there is 
nothing to buy.  The Texai software and knowledge content will be open source, 
and owned collectively by its contributors and by humans it befriends.
 
-Steve

Stephen L. Reed

Artificial Intelligence Researcher
http://texai.org/blog
http://texai.org
3008 Oak Crest Ave.
Austin, Texas, USA 78704
512.791.7860

----- Original Message ----
From: Mark Waser <[EMAIL PROTECTED]>
To: [email protected]
Sent: Monday, March 24, 2008 8:09:56 PM
Subject: Re: [agi] Microsoft Launches Singularity

         You're thinking too small.  The AGI will  distribute itself.  And 
money is likely to be:
    rapidly deflated,   then replaced with a new, alternate currency that    
truly values talent and effort (rather than just playing with the money supply  
  -- aka interest, commissions, inheritances, etc.)   while everyone's basic 
needs (most particularly    water, food, shelter, energy, education, and health 
care) are provided for    free So your brilliant arbitrage to become rich is  
unlikely to be of much value just a few years later.
    ----- Original Message ----- 
   From:    Aki Iskandar    
   To: [email protected] 
   Sent: Monday, March 24, 2008 7:19  PM
   Subject: Re: [agi] Microsoft Launches    Singularity
   

I agree with your statement, "if someone does manage to produce    a working 
AGI it's probably game over for software engineering and software    companies 
as we know them today."    But another equally likely    scenario is that 
Microsoft will buy it - and not reverse engineer it.     Perhaps they can't 
reverse engineer it. I can certainly see whatever group    creates it, will 
probably sell it to a company with great distribution power -    like 
Microsoft, and Google.  This is a strong case of maybe why these    software 
giants are not interested in creating AGI themselves - but they have    feelers 
out there, and are ready to snap it up.  It's definitely a race    to achieve 
it for many.  If I was lucky enough to be part of a group tat    created it - I 
would try to persuade the other members to sell out (for HUGE    bucks) - 
because companies like Microsoft have the distribution problem    licked.  A 20 
way multi-billion dollar split is not too 
 shabby.

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