If human-equivalent AI is possible, this is a huge, huge deal. It would basically mean that you could turn inanimate matter into intelligence. Say that it requires about 500 teraflops (Tflops), roughly equivalent to one of the fastest supercomputers today, to run a human-equivalent AI program.
A really fast supercomputer costs about $100 million. As you may know, the cost of computing power tends to fall exponentially with time. Even if this doesn’t continue forever, it seems like it will continue until 2020 or so at the very least.
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