This kind of strategy is rational once you’re sure that The Singularity is going to happen and it’s just a matter of waiting out Moore’s Law, there are benefits to being first.
Conditional on this being true, he must be very certain we are close to median human performance, like on the order of one to three years. I don’t think this amount of capital can be efficiently expended in the chips industry unless human capital is far less important than it once was. And it will not be profitable, basically, unless he thinks Winning is on the table in the very near term.
It is not a misprint.
This kind of strategy is rational once you’re sure that The Singularity is going to happen and it’s just a matter of waiting out Moore’s Law, there are benefits to being first.
Conditional on this being true, he must be very certain we are close to median human performance, like on the order of one to three years. I don’t think this amount of capital can be efficiently expended in the chips industry unless human capital is far less important than it once was. And it will not be profitable, basically, unless he thinks Winning is on the table in the very near term.
Yeah if your product can multiply GDP by a huge amount in the long run, basically any amount of money we can produce is an insignificant sum.