Technology Review Launches Futures Market

prostoalex writes "MIT Technology Review launched a futures market, allowing people to bet on ideas. A similar concept was at some point introduced by the Pentagon, but later the project was shut down. Currently you can bet on major stock indices, on answers to yes/no questions ('Will Oracle acquire PeopleSoft Inc before March 31st, 2004?') and technological achievements ('When will there be a commercially available electronic device using ultrawideband technology?')" Although the game doesn't use real money, the prizes are pretty swell. I like to think of it as the nerd's version of sportsbook.

Comments

hmm

[kurosawdust]

what's the over/under on the amount of time until emacs becomes self-aware?

I hope they consider making this rule:

[saskboy]

No betting on when a time machine will be invented. Because the person who guesses when, is probably the bastard that did invent it.

If this post didn't make your head spin on your shoulders and implode, then you have a better temproral mind than I.