Some of you may have read my recent blogpost “a non-linear response” on how competitions and prizes can often bring out the best in people and infact create more Intellectual Property than you would get by paying the prize money as salary!
Now that time honoured tradition of prizes is back again in very exciting fashion: the Longitude Prize worth £10million (wouldn’t you love to win that) will soon announce the 6 biggest challenges of our era, the British public will pick one as “the” challenge. With 5 years to solve the chosen problem, everyone has a fair shot.
I can’t decide if my excitement is more due to the Prize itself (and its rich history) or the fact that the public in some small way can participate in setting the challenge.
Either way I am waiting to find out what the ultimate challenge will be. Maybe a similarly collaborative effort will win it?