I keep a weblog like it's still the 90s. For commentary and dissent please visit jontaylor.ca, or various other purveyors of thought online.

Sunday, September 27, 2009

Inducing Innovation with Prizes

Computing Community Consortium: "The awarding of the $1 million Netflix Prize this week reopens an interesting bigger question: Are prizes a viable mechanism for encouraging research in the computing fields? From Netflix’s perspective, the answer is almost certainly yes. Netflix CEO Reed Hastings is quoted telling the New York Times (probably tongue-in-cheek) “You’re getting Ph.D.’s for a dollar an hour.”"

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