amacfie comments on Singularity Institute is now Machine Intelligence Research Institute - Less Wrong Discussion
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I was under the impression that this use of the word "machine" was archaic -- it was used decades ago for naming things like machine learning, machine translation, and the Association for Computing Machinery. I don't immediately see why a more familiar term wasn't used.
Possibly for the "M". Imagine "AIRI" instead of "MIRI".