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Yep, you have outlined the problems with grants. As they look forward, and due so in a one-time lump sum, they hold considerable risk, and thus the providers of
by ItsMonkk 4y ago
Yep, you have outlined the problems with grants. As they look forward, and due so in a one-time lump sum, they hold considerable risk, and thus the providers of the grant money need to ensure they pick correctly, but this just leaves us with a centrally controlled economy and bureaucratic nightmare.
Instead, you should seek to discover the intrinsic value as it is occurring, and therefore no risk to the granters. I believe it is possible to do so through a modified Vickrey auction. A Vickrey auction is one in which the winners pays the price the second place bidder placed. In this modified system, the top 90%(or some other optimizing number we can work out) of bidders win, and they all pay the price of the highest non-winner. A certain subset users of the Open Source software are asked to give their true value for some sub-set of open source products as they use it and using statistics we could extrapolate that to the rest of the population.
We would then use these weights to give away all grant money. This might mean that Firefox can be funded exclusively through this pot, and they would no longer be beholden to Google for default Search. It would mean the grant writing process would go away. It would mean, as ads make products less valuable, that ads go away.
- javajosh 4y ago> a modified Vickrey auction So, fund people based on github stars. I could think of worse solutions, honestly! Oh, something else I remembered: Princeton's Institute for Advanced Study! This is an interesting idea. Basically they tell a scientist "You've changed human history, the least we can do is give you an income for the rest of your life that has no strings attached. You can teach, or not, research, or not." It would be cool if each of FAANG had one, or they pooled together to make one, or had a virtual distributed version. "Dear Fabrice Bellard, we will be depositing 10k euros a month into your account until you die. Yours, Google."
- hrbf 4y agoGiven that I have a GitHub repository with 26k+ stars, what do you think an equivalent amount of money per month that should work out to?