Eliezer_Yudkowsky comments on Above-Average AI Scientists - Less Wrong
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Scott, if the question you're asking is "Can they learn something by doing this?" and not "Can they build AGI?" or "Can they build FAI?" a whole different standard applies. You can also learn something by trying to take apart an alarm clock.
Much of life consists of holding yourself to a high enough standard that you actually make an effort. If you're going to learn, just learn - get a textbook, try problems at the appropriate difficult-but-not-too-hard level. If you're going to set out to accomplish something, don't bait-and-switch to the "Oh, but I'll learn something even if I fail" when it looks like you might fail. Yoda was right: If you're going to do something, set out to do it, don't set out to try.