Hacker News Reader

> I don't disagree with the concept of a "bug bounty for information" but I'm struggling to come up with an idea of what that would look like in a way that is either more effective or different than patents.

https://en.wikipedia.org/wiki/Federal_grants_in_the_United_S...

View on HN

That's exactly the example I had in mind when I wrote the sentence you quoted.

Pharma grants have their own issues. Our current mixed system with both private investment and public investment allows us to leverage the strengths and weaknesses of both allocation schemes.

I feel like, ideally, such a system of incentivizing novel ideas and information should be decentralized. Bug bounties, for example, is a decentralized form of incentivizing public works.

Reply on news.ycombinator.com