Gaurav, speaking about Google I mean Alphabet inc. which former was Google inc. https://en.wikipedia.org/wiki/Alphabet_Inc. Revenue 2016 will be about 80.000.000.000 USD, earnings about 20.000.000.000 USD, liquid money about 75.000.000.000.
In an TV-interview the head of google X-labs in Switzerland said google has to spend 1,5 billion USD every week. So it was a loose estimation that they could spend 500.000.000 USD every week on new projects. Looking more closely to this I found out that it is usual for companies to spend a big part of the earnings on growth and new projects for not having to pay to much tax. The tech people would like to spend every thing on new projects but the share holders want to have some profits. The losses produced by the x-labs, where all the new things are done, are about 4 billion every year and share holders start complaining. So it is more realistic to say that they have some ten millions to spend on new projects every week not 500.000.000 as I said. But AGI is essential for Google! More essential than just to spend money that can be wasted to save tax. And it is not an easy thing! For intelligent people it is more easy than for others - they need just to watch how things are done in their own mind... and put it to software. But if you look around you will find that not so many are able to do this. But Ben obviously can. I see no one who has the same overview and is working so hard and so long on this topic like he. Or see what linas is doing with link grammar. It's overwelming. So if Google want to advance quick they should fund several teams in parallel. And OpenGog would be worth some million in all cases. --Andi Am Sonntag, 31. Juli 2016 06:35:30 UTC+2 schrieb Gaurav Gautam: > > I did not know Google was that rich! -- You received this message because you are subscribed to the Google Groups "opencog" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at https://groups.google.com/group/opencog. To view this discussion on the web visit https://groups.google.com/d/msgid/opencog/b818481a-6be7-46c5-aa0b-2a3b6e2a71c9%40googlegroups.com. For more options, visit https://groups.google.com/d/optout.
