On Tue, Sep 23, 2008 at 7:48 PM, Mike Tintner <[EMAIL PROTECTED]>wrote:
> So can *you* understand credit default swaps? > Yes I can, having a PhD in math and having studied a moderate amount of mathematical finance ... But, in a couple decades an AGI will surely understand them (and more complicated derivatives) way better than any human can This is one very plausible route by which the first human-level AGIs will achieve world power ... kicking human ass on the international financial markets. Something that can be done with nothing but a brain and a net connection... -- Ben G > > "Here's the scary part of today's testimony everyone seems to have missed: > SEC chairman Chris Cox's statement that the Credit Default Swap (CDS) market > is "completely unregulated." It's size? Somewhere in the $50 TRILLION > range." > > > > > ------------------------------------------- > agi > Archives: https://www.listbox.com/member/archive/303/=now > RSS Feed: https://www.listbox.com/member/archive/rss/303/ > Modify Your Subscription: > https://www.listbox.com/member/?&; > Powered by Listbox: http://www.listbox.com > -- Ben Goertzel, PhD CEO, Novamente LLC and Biomind LLC Director of Research, SIAI [EMAIL PROTECTED] "Nothing will ever be attempted if all possible objections must be first overcome " - Dr Samuel Johnson ------------------------------------------- agi Archives: https://www.listbox.com/member/archive/303/=now RSS Feed: https://www.listbox.com/member/archive/rss/303/ Modify Your Subscription: https://www.listbox.com/member/?member_id=8660244&id_secret=114414975-3c8e69 Powered by Listbox: http://www.listbox.com
