AIXI
From The Transhumanist Wiki
From the SL4 Lexicon:
AIXI:
Fascinating theory of universal Artificial Intelligence based on sequential decision theory and algorithmic probability, by polymath Dr. Marcus Hutter. Mathematically proves that true superintelligence would be possible, given an infinite amount of computing power, although the resultant mind would be an obsessive psychological hedonist. See a good intro paper at http://www.idsia.ch/~marcus/ai/aixigentle.htm. See also Hutter, Dr. Marcus.