from the gaming-the-system dept.
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."
"Every morning, I get up and look through the 'Forbes' list of the
richest people in America. If I'm not there, I go to work"
-- Robert Orben