Monday, December 29, 2008

Investing in Future Prizes

Gulf investors in talks over 'world changing' contest -

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.


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”.