I've always wondered how a prize is supposed to get resources into the hands of those who might be most likely to innovate (less established, fresh ideas), when you have to already have a lot of resources to compete..
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Some gov agencies now run prize challenges with two tracks- one for self-funded teams, and one that comes with funding to enable participation (e.g.
@DARPA's SubT challenge is doing this).
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Sure.. NChannels, bits/s for prosthetic device, genetically encoded detectors of all known celltypes, whole brain connectomics.
$price/ voxel< epsilon for structure etc. -
Do we not have the right community incentives for such efforts already?
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Not really. They are all *hard* if you want to push the limit and only few nature papers on the way.
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But why is a prize the right strategy?
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If it is big then industry may be better than us.
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I love prizes, and experimenting w/ funding models in general. And of course you're aware that my goal is to make science go faster any way we can, and I think reexamining incentives is a crucial part of that.
@ATabarrok 's book on this was among the most important of my postdoc. -
Should I read it?
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When I am a professor, I plan on making all my grad students read it, along with The Idea Factory, Big Science, and working through the Software Carpentry course materials.
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