Determine Whether the Following Claim Is Too Vague in the Context

question 267

Short Answer

Determine whether the following claim is too vague in the context that is stated or implied: It seems clear that within the next ten years they'll have produced a machine that can really think.

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Definitions:

Residual Income

The net income an investment or business venture generates above the minimum rate of return.

Minimum Required Rate

The lowest return rate that an investor or project manager would accept for an investment.

Residual Income

Income that remains after all costs and expenses, including minimum required return on investment, have been subtracted.

Operating Assets

Long-term assets used in the operations of a business, including property, plant, and equipment, that generate income.