Investing in Future Prizes

Gulf investors in talks over 'world changing' contest - ArabianBusiness.com:

Gulf investors are in talks over a series of $100 million contests that will aim to foster “world-changing” breakthroughs in fields such as space exploration and life sciences.

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Diamandis said future contests may focus on mapping the ocean floor, boosting food production, and a concept he called ‘Human 2.0’ — where, for example, “a person who is severely handicapped from spinal cord injuries could be given the ability to regain their functionality”.