Someone at the Pentagon read Shockwave Rider over the weekend
Tim May
timcmay at got.net
Tue Jul 29 15:13:39 PDT 2003
On Tuesday, July 29, 2003, at 04:20 PM, John Young wrote:
> Tim May wrote:
>
>> Yes, a bunch of "ideas futures" markets have existed for nearly a
>> decade. An acquaintance of mine, Robin Hanson, was actively promoting
>> such things in the late 80s and may have been involved in some of the
>> Extropians-type markets which arose a few years later (I recollect
>> several efforts with varying degrees of success).
>
> Yes, Robin Hanson worked on DARPA's PAM program. Here's
> his e-mail about it in May 2003:
>
Too bad, as he should have seen the shitstorm which would materialize
as soon as this actually reached the public radar screen. Now that's
gone public and been deep-sixed less than 24 hours later, it will
likely be the end of this particular thing.
An official, above-board version is likely to be ipso facto illegal for
the same reason office baseball pools are illegal: illegal gambling. If
the Pentagon can run a betting pool for its employees on when some
event will happen, office workers can bet on the outcome of the World
Series, and anyone can bet on the numbers revealed by the Mob.
--Tim May
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