4 ms·
There are dozens of "X Prizes". The idea goes back hundreds of years. https://longitudeprize.org/about-us/history https://longitudeprize.org/about-us/history
by melling 9y ago
There are dozens of "X Prizes". The idea goes back hundreds of years.
https://longitudeprize.org/about-us/history https://longitudeprize.org/about-us/history
I think you'd have a really hard time raising the money to pay for lobbying to get more research.
- JumpCrisscross 9y ago> There are dozens of "X Prizes" I don't condemn prizes as a category. The Longitude Prize and DARPA's self-driving car competitions were successful. Here's what differentiates them: the people who wanted to buy the product set the rules of the prize to yield something useful to them. The products of the X Prizes either have terrible product-market fit ("market" to be read broadly to include non-commercial users) or pursue the wrong goal (e.g. manned spaceflight crowding out launch-cost reduction, et cetera).