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Perplexed comments on Ben Goertzel: The Singularity Institute's Scary Idea (and Why I Don't Buy It) - Less Wrong
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Your scenario strikes me as laughably overoptimistic. A brain emulation requires only a small amount of processing speed and memory? A story that begins with finding financial backing takes only a week to reach completion?
But in any case, this is a closed-loop recursive self-improvement FOOM. I don't doubt that such things are possible. My point was that if you already have a bunch of super-Eliezers, why not have them design a provably-correct FAI, rather than sending them off to FOOM into an uFAI? If they discover the secret of FAI within a year or so, great! If it turns out that provably correct FAI is just a pipe-dream, then maybe we ought to reconsider our plans to close the loop and FOOM.
" A brain emulation requires only a small amount of processing speed and memory?"
If software is the bottleneck and computer speed and memory are increasing exponentially than you would expect that by the time the software was available it would use a relatively small amount of computing power.
" A story that begins with finding financial backing takes only a week to reach completion?"
My story begins with the Eliezer Em. 150,000 people die everyday, and money probably becomes useless after a singularity. If enough people understood what was happening we could raise, say, a billion dollars in a few days. Hedge funds, I strongly suspect, do sometimes make billion dollar bets based on information they acquired in the last day.
"why not have them design a provably-correct FAI, rather than sending them off to FOOM into an uFAI?"
The 150,000 lives a day cost of delay plus the Eliezer ems might be competing with other ems that have list benign intentions.