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Bongo comments on What is the Singularity Summit? - Less Wrong
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Is this historical story of optimization predictively applicable or just a story?
The story points out the two previous times that a new and much better type of optimization process appeared. There's no particular reason to think that there will never be another one, and it seems plausible that a sufficiently good optimization process that works on itself (1) could be the third and (2) could run on a computer.