The Liquid State Machine (LSM) has emerged as a computational model that is more adequate than the Turing machine for describing computations in biological networks of neurons. Characteristic features of this new model are (i) that it is a model for adaptive computational systems, (ii) that it provides a method for employing randomly connected circuits, or eve "found" physical objects for meaningful computations, (iii) that it provides a theoretical context where heterogeneous, rather than stereotypical, local gates or processors increase the computational power of a circuit, (iv) that it provides a method for multiplexing different computations (on a common input) within the same circuit. This chapter reviews the motivation for this model, its theoretical background, and current work on implementations of this model in innovative artificial computing devices.
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