A fascinating idea: "retroactive public goods funding." Rather than focusing on advance fund-raising for public goods (a la Kickstarter, quadratic funding), make a mechanism which rewards projects which create a lot of value, e.g. thru a "results oracle."
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Isn’t that called the stock market?
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No, because the reward function determining price is assessment of public good, rather than P/E or whatever.
surely the weakness is the prize amount/award being infected by political/corrupt forces ?
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Yes, creating a “good” results oracle is challenging.
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