> > > > AGI is poorly suited for venture capital in every case I can think > of. Ignoring everything else, it tends to leave the venture > constantly begging for capital which has serious consequences on > performance and reputation. It is a Catch-22, though perhaps well- > deserved. > > In short, traditional venture capital is a poor finance model for > AGI. Which does not suggest other finance models.
I think that AGI for agent control in virtual worlds is not so hopeless in terms of appealing to VC's ... there's a real market there, and there's clearly a situation where more and more powerful AGI can yield more and more profits... Having said that, I would still prefer to avoid the VC route for Novamente. I have talked to a number of VC's in recent months -- and by and large they want to pigeonhole us as a company that forever will be focused on whatever our first product is gonna be.... (If your first product is for instance an animal in virtual worlds then -- bingo! -- you're a virtual animal company!!) VC's in nearly all cases don't have a long time horizon, so to find an AGI opportunity that synergizes with their needs requires a good bit of luck... -- Ben ----- 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=55270114-51c0d1
