[extropy-chat] Kurzweil in Fast Company

[Brian Atkins]

An interesting tidbit from that regarding his Fat Kat financial 
modeling/trading subsidiary:

"our system works, we’ve been trading with real cash for 2.5 years. We 
make 80-90% annual gains. We plan to launch this year a hedge fund using 
our technique.

FC: What’s a very idealized idea of where this will be in five years?

Kurzweil: Our model is Renaissance. They make 45% a year and they manage 
$5 billion. They do it year after year. Last year they made $2.25 on $5 
billion and they keep some of that as a fee and return the rest of those 
profits to the fund investors. Similar technology. That’s our model of 
success."
-- 
Brian Atkins
Singularity Institute for Artificial Intelligence
http://www.singinst.org/