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."
and lowest expense (Score:4, Insightful)
"Prizes and challenges have an excellent track record of accelerating problem-solving by tapping America's top talent and best expertise." ... and are cheap too because instead of paying people to solve it, you let a multitude of people do it in their free time, and then you pay the winner a set amount regardless of how long it took or what it actually cost. Everyone else gets nothing, regardless of how much time they spend, or what their expenses were.
I'm surprised scientists get sucked into this stuff, its about as sensible as playing the lottery, and self-destructive to the viability of one's own profession.
We're already seeing prize models for logo and website design...
Comment removed (Score:3, Insightful)
Re:and lowest expense (Score:5, Insightful)
A critical question is: Who owns the result? A prize should be about promoting development, and NOT about acquiring ownership. Any prize recipient who transfers ownership is a bunny. The sequence should be:
The reward for the 2nd, 3rd, .. place getters is the opportunity to still develop a business, albeit without the benefit of the prize money as funding.
Re:and lowest expense (Score:5, Insightful)
I'm surprised scientists get sucked into this stuff, its about as sensible as playing the lottery, and self-destructive to the viability of one's own profession.
Some people actually *enjoy* their profession, and do not need to be paid for *everything* they do (e.g. open source?). Plus, even if they don't win, they at least strengthen their portfolio and skills.
Re:Who owns the results? (Score:5, Insightful)
No you're supposed to do it for a share of a dinette set plus the personal satisfaction you get from solving problems and the prestige and recognition of being the guy who beat everyone else at doing it.
Fyi, people actually pay for the opportunity to compete in triathlons, and most of them aren't even expecting to win. The ones who do don't receive much in the way of compensation for the time they've invested in it. And yet hundreds of people still show up to do it.
If you're not in the spirit of the game then it may not seem very equitable to you, but good news! It's 100% voluntary, so no need for you to worry about it.
Re:$1,000,000,000,000 prize (Score:4, Insightful)
Huh? That's exactly what American politicians do: they govern according to the actual interests of their constituents, the Corporations, who provide them with generous "campaign donations".
It'll work if they pay out. (Score:4, Insightful)
However, history teaches us that judges don't like innovative solutions to the problem.
http://en.wikipedia.org/wiki/Longitude_prize [wikipedia.org]
http://en.wikipedia.org/wiki/John_Harrison [wikipedia.org]
Re:and lowest expense (Score:4, Insightful)
The money may not be the motivation, but if there's an oversized check for $50,000, you can bet that someone's going to take a picture or two and write about it somewhere. For a lot of groups, that exposure is worth far more than the cash. Although the cash might be seed money for the next venture they jump into.
That's not why DARPA did it (Score:5, Insightful)
The DARPA Grand Challenge was actually Dr. Tony Tether's way of getting a message through to the academic robotics community - "get results or else". DARPA had been putting money into robotics work, and specific automatic driving work, at MIT, Stanford, and CMU since the 1960s, without getting anything that was close to useful. When the Grand Challenge was first announced, all three of those schools didn't intend to enter, and in fact, months into the competition, none of them had. Many non-academic entrants had signed up, but the big schools weren't in it.
Then something happened. I gather that it was made clear to the major research groups that if the Grand Challenge resulted in better technology than what DARPA had received from academia, academic funding would be turned off. Suddenly, all three schools cranked up huge efforts, tying up a substantial fraction of their CS departments. Nobody had ever had 100-person crash programs in academic robotics before, let alone ones funded by the universities themselves.
It worked. But it wasn't the carrot of winning that drove the major schools. The prize was only $1 million. It was the big stick of funding cuts.