| | Google offers $10M for world changing idea |  |
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eye2i2
Number of posts: 753
Age: 58
Location: southeastern north america ;)
Registration date: 2008-09-02
| | Subject: Google offers $10M for world changing idea Thu Sep 25, 2008 2:22 am | |
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Google offers $10M for world changing idea
Posted on 25.09.2008 at 11:04 in Tech News by Martin
Google Inc., which is celebrating its 10th birthday this month, today unveiled a $10 million effort to implement ideas that can “change the world by helping as many people as possible.” As part of the Project 10^100 (pronounced Project 10 to the 100th), Google plans to ask its users to submit ideas until Oct. 20 for ways to improve people’s lives. Google will choose what it feels are the 100 best ideas and then allow its users to vote on which of them should be funded. The users will narrow the results to 20 finalists, and a panel of judges will choose up to five ideas that will receive funding, Google said.
Google noted that the ideas can be big or small, technology-driven or not. But they do have to have a potential positive impact on the world. The company cited an example of two people coming up with an idea to help millions of people carry water long distances by designing the Hippo Water Roller, a relatively inexpensive 24-gallon container that can be easily wheeled on the ground. The categories for the project include, but are not limited to, community, energy, environment, health, education, shelter and opportunities for people to better provide for themselves and their families.
Source: ComputerWorld
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Conrad
Number of posts: 5647
Location: Amsterdam, the Netherlands
Registration date: 2007-07-21
| | Subject: Re: Google offers $10M for world changing idea Thu Sep 25, 2008 7:50 am | |
| before anyone else says it, I will:
eh, liberty?
that's a pretty good idea right there |
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Dylboz
Number of posts: 2159
Registration date: 2007-09-20
| | Subject: Re: Google offers $10M for world changing idea Thu Sep 25, 2008 7:57 am | |
| End the Fed? BEsides, if it sticks around, that $10M will not even buy me lunch at Burger King. Would you like the Bush-Mugabe special, anyone? Only one wheelbarrow full of currency, please. _________________ Please check out my blog! Dylboznia |
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eye2i2
Number of posts: 753
Age: 58
Location: southeastern north america ;)
Registration date: 2008-09-02
| | Subject: Re: Google offers $10M for world changing idea Thu Sep 25, 2008 8:53 am | |
| | Dylboz wrote: | | End the Fed? BEsides, if it sticks around, that $10M will not even buy me lunch at Burger King. Would you like the Bush-Mugabe special, anyone? Only one wheelbarrow full of currency, please. |
So by the time it's awarded, it'll be more like one free month's heating bill?!?
Ouch.
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Alex
Number of posts: 819
Age: 41
Location: Baltimore, MD, USA
Registration date: 2007-12-25
| | Subject: Re: Google offers $10M for world changing idea Sun Sep 28, 2008 12:19 pm | |
| Each time a corporation comes up with something like this, this is my reaction:
If its a good idea, it doesn't need a carrot.
So suck your own socialist cocks, Google. I don't want any part of your 'Don't be evil' empire. Don't blame 'em for trying though. what to do with too much money?
I say socialist, because its a kind of paternalism to try to create a new playing field instead of reality, and then have one's 'children' 'compete' there. Fundamentally it is patronizing.
Then again, I dinnae know what I'd do with so many billions. I suppose build some shit to fortify the empire. That way people are getting paid for real things rather than fantasies of virtue.
_________________
If you lend someone $20 and never see that person again, it was probably worth it.
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Dylboz
Number of posts: 2159
Registration date: 2007-09-20
| | Subject: Re: Google offers $10M for world changing idea Sun Sep 28, 2008 1:16 pm | |
| Why not just look for some businesses to invest in instead? The Google $10M investment search, apply for venture capital to expand your business or launch your company. I mean, at least that way, there'd be a net economic gain, instead of Google buying up a technology that may or may not pay off. _________________ Please check out my blog! Dylboznia |
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Laird
Number of posts: 332
Age: 27
Location: Wilmington, DE (the first STATE, lol)
Registration date: 2007-12-28
| | Subject: Re: Google offers $10M for world changing idea Sun Sep 28, 2008 1:29 pm | |
| Hey, how about we use that money...to destroy alotta other money! That'll teach inflation a thing or 10 million.
_________________
[INSERT MEME HERE]
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Alex
Number of posts: 819
Age: 41
Location: Baltimore, MD, USA
Registration date: 2007-12-25
| | Subject: Re: Google offers $10M for world changing idea Sun Sep 28, 2008 6:05 pm | |
| | Conrad wrote: | before anyone else says it, I will:
eh, liberty?
that's a pretty good idea right there |
I'm sorry sir, but that's not for sale. Would you like to buy a vowel?
_________________
If you lend someone $20 and never see that person again, it was probably worth it.
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Static4367
Number of posts: 353
Age: 29
Location: Los Angeles, CA
Registration date: 2008-05-22
| | Subject: Re: Google offers $10M for world changing idea Sun Sep 28, 2008 6:26 pm | |
| | Dylboz wrote: | | Why not just look for some businesses to invest in instead? The Google $10M investment search, apply for venture capital to expand your business or launch your company. I mean, at least that way, there'd be a net economic gain, instead of Google buying up a technology that may or may not pay off. |
All the large tech companies including Google have venture capital arms. Google has in fact invested a lot of its own capital in "cleantech" companies.
Companies like the prize idea because it generates a lot of press and they only pay in the event of success. Unlike a venture investment, a prize has no risk of financial loss for google. Anyone who tries to claim the prize and fails absorbs the cost of the failed investment themselves. |
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mike barskey
Number of posts: 1399
Location: CA
Registration date: 2007-09-07
| | Subject: Re: Google offers $10M for world changing idea Tue Sep 30, 2008 5:38 am | |
| | Laird wrote: | | Hey, how about we use that money...to destroy alotta other money! That'll teach inflation a thing or 10 million. |
That's actually very interesting! Google's offer is to implement ideas that can “change the world by helping as many people as possible.” If the idea is that you take the $10 million in cash and destroy it, you've deflated the US economy a little bit, thereby helping everyone that participates in the US economy by increasing the value of their own US$. How many ideas will help as many people as this*? And you could even argue that this would be helping numerous economics world-wide.
* Note that the offer did not say it intended to help the most people more than other people, but, alas, that's what they probably meant. |
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eye2i2
Number of posts: 753
Age: 58
Location: southeastern north america ;)
Registration date: 2008-09-02
| | Subject: Re: Google offers $10M for world changing idea Tue Sep 30, 2008 5:55 am | |
| | Static4367 wrote: | | Companies like the prize idea because it generates a lot of press and they only pay in the event of success. Unlike a venture investment, a prize has no risk of financial loss for google. Anyone who tries to claim the prize and fails absorbs the cost of the failed investment themselves. |
good points. I actually hadn't thought of those.
| mike barskey wrote: | | If the idea is that you take the $10 million in cash and destroy it, you've deflated the US economy a little bit, thereby helping everyone that participates in the US economy by increasing the value of their own US$. |
good point as well. This one, at least principally, I was aware of-- but I hadn't thought of it here with this case.  |
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Alex
Number of posts: 819
Age: 41
Location: Baltimore, MD, USA
Registration date: 2007-12-25
| | Subject: Re: Google offers $10M for world changing idea Wed Oct 01, 2008 1:44 pm | |
| | mike barskey wrote: | | Laird wrote: | | Hey, how about we use that money...to destroy alotta other money! That'll teach inflation a thing or 10 million. |
That's actually very interesting! Google's offer is to implement ideas that can “change the world by helping as many people as possible.” If the idea is that you take the $10 million in cash and destroy it, you've deflated the US economy a little bit, thereby helping everyone that participates in the US economy by increasing the value of their own US$. How many ideas will help as many people as this*? And you could even argue that this would be helping numerous economics world-wide.
* Note that the offer did not say it intended to help the most people more than other people, but, alas, that's what they probably meant. |
Well, there we have it. Somebody send this as the idea to Google from LiMi and the economists who we are representin'
Oh, and Google can give LiMi 10mil and then burn another 10mil too.
_________________
If you lend someone $20 and never see that person again, it was probably worth it.
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SteveL
Number of posts: 260
Location: Toronto
Registration date: 2008-06-04
| | Subject: Re: Google offers $10M for world changing idea Thu Oct 02, 2008 6:11 am | |
| Re. liberty as the $10m idea:
[Braveheart]Freedom![/Braveheart]
It'd be grand if we could come up with a practical plan of some kind. Ha ha--ain't that the rub. |
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| | Google offers $10M for world changing idea | |
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