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US Spurs Plethora of Problem Solving Prizes

coondoggie writes "Got a complicated problem? Hold a prize competition to solve it. That's the basic idea behind the America Competes Act, renewed by Congress this week. According to the White House's Office of Science and Technology, the Competes Act gives every department and agency the authority to conduct prize competitions. Prizes and challenges have an excellent track record of accelerating problem-solving by tapping America's top talent and best expertise."

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  1. Re:and lowest expense by drb226 · · Score: 5, Insightful

    I'm surprised scientists get sucked into this stuff, its about as sensible as playing the lottery, and self-destructive to the viability of one's own profession.

    Some people actually *enjoy* their profession, and do not need to be paid for *everything* they do (e.g. open source?). Plus, even if they don't win, they at least strengthen their portfolio and skills.