[ExI] John's idea

Adrian Tymes atymes at gmail.com
Mon Jan 30 20:54:13 UTC 2017

On Jan 30, 2017 10:21 AM, "William Flynn Wallace" <foozler83 at gmail.com>

Which was that AI would decide in the future where money should be
allotted.  That brings to mind startup funders and the like.

How in the world would you ever program an AI to decide which project will
turn out to be the next iPhone or Hula Hoop?  Maybe it will come.  But we
all know many cases in many areas, such a book publishing, where a great
book had to go through a dozen publishers to find one that will print it.
A Confederacy of Dunces comes to mind.  The author committed suicide before
his mother finally sold his manuscript, which was a #1 seller.  (nowadays
it probably would have been on Amazon as an ebook, and word would spread
and the same outcome would occur without the death).

Can you imagine showing up to present your case to the AI, which can read
faces, emotions, lying, etc.?

Having done several startups, I'd suggest a superior result could be had
with an entirely impersonal review.  The startup presents its case in a
standard format (inability to fill in all the sections being an automatic
disqualifier, and probably the greatest filter by number of applications
not approved), which is then reviewed for credibility, likelihood and
projected amount of RoI, and other factors of merit.  Rejection can come
with honest feedback as to the reason, which would-be founders can attempt
to improve before reapplying.
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