> -----Original Message-----
> From: owner-extropians@extropy.org
> [mailto:owner-extropians@extropy.org]On Behalf Of Anders Sandberg
> Sent: Sunday, 16 December 2001 8:44 AM
> To: extropians@extropy.org
> Subject: Re: The most powerful approach to AI ever discovered?
>
>
> On Sat, Dec 15, 2001 at 02:01:02PM -0600, Harvey Newstrom wrote:
> > > From: "John Clark" <jonkc@worldnet.att.net>
> > > > http://www.eet.com/story/OEG20011213S0065
> >
> > Too bad they don't tell us what this great discovery is.
> They mention
> > neural networks, predict great results, and offer to sell
> training about
> > this unknown discover for $50K per person sight-unseen.
> This sounds like
> > another Ginger. If they really had this discovery, they
> would make more
> > money using the technology. Why sell it to competitors for
> $50K a pop?
> > There is so much hype in the technology sector today, that
> I just assume
> > these kinds of things are false until proven otherwise.
>
> Yes. If I had come up with some super-clever general neural network
> solution, I would sell it as a black box or hire out consultants to
> help embedd it into other systems. If I had come up with
> something very
> cool-sounding but less useful, I would (assuming I wanted to
> make money
> on it) probably try to earn money by selling the hype - for example by
> selling expensive courses in my hype technology. If you have paid $50K
> for a course in a technology that turns out to be less useful than you
> expected, it is human nature to downplay your disappointment
> and say it
> is great - few will loudly say it is junk.
>
> So far neural networks have not been a commercial success as
> standalone
> products; the networks that really are useful and do earn
> money are all
> embedded in other products. Neural network chips have been developed,
> but so far none have been commercially viable. With FPGA
> performance/price increases it seems likely there will be
> more hardware
> implemented ANNs soon (there is a great deal of interest in that in my
> research group, at least).
> --
> --------------------------------------------------------------
> ---------
> Anders Sandberg Towards
I've got this really fantastic book on how to make $$$$$$ on horse race
betting.
It's only $29.95!!!
spot the logical hole?
cheers
col
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