Okay, seriously, who's with me to pitch the first Hackathon Reality show based on MasterChef and The Voice that features 48-hours of drama, suspense, beautiful graphics and working app at the end?
EDIT: Here is HN discussion of a different link about the same topic from last year: https://news.ycombinator.com/item?id=7503842
Given the bizarre effect the X Factor had on the entire ecosystem it operates in you could make a very strong case that it would be a massive net benefit to all participants.