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US Spurs Plethora of Problem Solving Prizes 140

coondoggie writes "Got a complicated problem? Hold a prize competition to solve it. That's the basic idea behind the America Competes Act, renewed by Congress this week. According to the White House's Office of Science and Technology, the Competes Act gives every department and agency the authority to conduct prize competitions. Prizes and challenges have an excellent track record of accelerating problem-solving by tapping America's top talent and best expertise."
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US Spurs Plethora of Problem Solving Prizes

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  • by Trip6 (1184883) on Wednesday December 22, 2010 @09:12PM (#34648140)

    This is a classic example of this trend. Various government agencies spent literally hundreds of millions of dollars trying to get autonomous ground vehicles off the ground (so to speak). For under $50 million, DARPA conducted three events from 2004 - 2007 and spurred technology that is now being deployed in trucks, cars, boats, for 3-D mapping, and many other uses.

    They say that to improve your user interface design add a high score file. Everybody loves a competition!

I'm always looking for a new idea that will be more productive than its cost. -- David Rockefeller