Fading Memory and Kernel Properties of Generic Cortical Microcircuit
  Models
W. Maass, T. Natschlaeger, and H. Markram
 
Abstract:
It is quite difficult to construct circuits of spiking neurons that can carry
  out complex computational tasks. On the other hand even randomly connected
  circuits of spiking neurons can in principle be used for complex
  computational tasks such as time-warp invariant speech recognition. This is
  possible because such circuits have an inherent tendency to integrate
  incoming information in such a way that simple linear readouts can be trained
  to transform the current circuit activity into the target output for a very
  large number of computational tasks. Consequently we propose to analyze
  circuits of spiking neurons in terms of their roles as analog fading memory
  and nonlinear kernels, rather than as implementations of specific
  computational operations and algorithms. This article is a sequel to
  [#!LSM!#], and contains new results about the performance of generic neural
  microcircuit models for the recognition of speech that is subject to linear
  and nonlinear time-warps, as well as for computations on time-varying firing
  rates. These computations rely, apart from general properties of generic
  neural microcircuit models, just on capabilities of simple linear readouts
  trained by linear regression. This article also provides detailed data on the
  fading memory property of generic neural microcircuit models, and a quick
  review of other new results on the computational power of such circuits of
  spiking neurons.
Reference: W. Maass, T. Natschlaeger, and H. Markram.
 Fading memory and kernel properties of generic cortical microcircuit models.
 Journal of Physiology - Paris, 98(4-6):315-330, 2004.