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A comment on List of Unsolved Scientific Problems with Large Monetary Prizes.

Re:List of Unsolved Scientific Problems with Large Monetary ... by tmuir on Tuesday May 12, 2015 @11:19PM (#9536537)
The commercial value of the solutions to some of these problems are multiple orders of magnitude higher than the prize money.

In that sense, the prize money isn't really much incentive to develop a Tricorder, or a process to remove greenhouse gases.

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Re:List of Unsolved Scientific Problems with Large Monetary ... by nostalgiac on Wednesday May 13, 2015 @02:16AM (#9537112)
If the prize was higher then the cost of the solution - then there would likely be no prize (and they would simply spend the money on developing that solution).

The prize money shouldn't be the incentive for these solutions, more of a by-product.

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