--- On Fri, 10/3/08, Ben Goertzel <[EMAIL PROTECTED]> wrote:
> You seem to misunderstand the notion of a Global Brain, see
>
> http://pespmc1.vub.ac.be/GBRAIFAQ.html
> 
> http://en.wikipedia.org/wiki/Global_brain

You are right. That is exactly what I am proposing.

>>I believe that CMR is initially friendly in the sense that a market is 
>>friendly.
>
>Which is to say: dangerous, volatile, hard to predict ... and often not 
>friendly at all!!!

I am open to alternative suggestions.
 
>> A market is the most efficient way to satisfy the collective goals of its 
>> participants. It is fair, but not benevolent. 
>
>I believe this is an extremely oversimplistic and dangerous view of economics 
>;-)
>
> Traditional economic theory which argues that free markets are optimally 
> efficient, is based on a patently false assumption of infinitely rational 
> economic actors.    This assumption is **particularly** poor when the 
> economic actors are largely **humans**, who are highly nonrational.

I think that CMR will make markets more rational. Humans will have more access 
to information, which will enable them to make more rational decisions. I 
believe that AGI will result in pervasive public surveillance of everyone. All 
of your movements, communication, and financial transactions will be public and 
instantly accessible to anyone. We will demand it, and AGI will make it cheap. 
Sure you could have secrets, but nobody will hire you, loan you money, or buy 
or sell you anything without knowing everything about you.

>Anyway a deep discussion of economics would likely be too big of a digression, 
>though it may be pertinent insofar as it's a metaphor for the internal 
>dynamics of an AGI ... (for instance Eric Baum, who is a fairly hardcore 
>libertarian politically, is in favor of free markets as a model for credit 
>assignment in AI systems ... and OpenCog/NCE contains an "economic attention 
>allocation" component...)

Economics is not a metaphor, but is central to the design of distributed AGI. 
There are hard problems that need to be solved. Economic systems have positive 
feedback loops such as speculative investment that are unstable and can crash. 
AGI and instant communication can lead to events where most of the world's 
wealth can disappear in a wave of panic selling traveling at the speed of 
light. I don't believe that competition for resources and a market where 
information has negative value has positive feedback loops, but it is something 
that needs to be studied.

My concern is that trust networks are unstable. They may lead to monopolies, 
and rare but catastrophic failures when a peer with high reputation decides to 
cheat. This is not just a problem for CMR, but any AGI where knowledge comes 
from many people. How do you know which information to trust?

-- Matt Mahoney, [EMAIL PROTECTED]



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agi
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