List of Unsolved Scientific Problems with Large Monetary Prizes
scienceprizes.org
scienceprizes.org
With current EC2 prices (http://aws.amazon.com/ec2/pricing/) , for $100k one can run a c4.8xlarge instance (36 cores) for 2244 days, so for a comparable time for the 2009 award, you can run (2244/33)x36=2448 cores rather than two. Assuming that's adequate to discover the 100M digit prime, that's a net profit of $50k!
Since no body has done this there must be some significant flaws in the naive analysis above. What are they? What is a rough estimate of how fast the computational load would go up from 10M to 100M to 1B digit prime search?
"4D. The Lucas-Lehmer test began on Sun Jul 20 12:33:46 2008 PDT and concluded on Sat Aug 23 00:29:27 2008 PDT. That's a total of 33 1/2 days. The Dell Optiplex was the only computer used to initially prove this candidate prime. However, the computer was part of GIMPS' "PrimeNet" network of roughly 75,000 computers testing other Mersenne number candidates."
It didnt take one computer 33 days, it took 75,000 computers searching simultaneously to find a prime.
edit: The next largest prime, at 17 million digits, took a further 5 years of searching on a network that has over 100 TFLOP/s of compute power [1].
A decade before that, Sun workstations that cost $30k each were used for long-running engineering tests like chip verification, while an Optiplex is less than 10% of that.
Brexit Prize
by Institute of Economic Affairs
2013 - 2014
€100,000
Find the best plan for a UK exit from the European Union.
I was surprised, because my own personal opinion is that that's a pretty stupid idea (UK exit from the EU). Since I'm a super, super open-minded guy I decided to embetter my worldview and read the paper, since, you know, if it's in company like the "longitudinal prize" then hell, maybe 1) I'm wrong and 2) I'll learn something.So I looked for the plan. Here it is:
http://www.iea.org.uk/sites/default/files/publications/files...
Folks, this is 15,000 words. That means he got paid $6 per word to write that. I personally skimmed the PDF, didn't find anything that caught my eye or even a point, based on the the abstract or the section titles and the whole framing, and wasn't left with the impression that the author even believed it. Perhaps his 15,000 word PDF won simply because nobody else bothered to put a plan together, not because there's anything great or wortwhile about such a plan.
So forget "lander on mars". Win a prize that consists of a meaty term paper on some stupid proposition. A+ as a term paper, though.
The competition wasn't really about whether the UK should go or not, which is the main political part. Rather, the starting point is that a referendum has decided "go", and the competition was to find the best way of extricating the UK from existing institutions/agreements, what should replace them, and how.
However, the remit is very unclear on the criteria used to judge entries.
In that sense, the prize money isn't really much incentive to develop a Tricorder, or a process to remove greenhouse gases.
The prize money shouldn't be the incentive for these solutions, more of a by-product.
So... Create capable non-profit with goal of crowd-funding important research.
Just see the Poincaré conjecture and how who solved it turned down the price
For most of the math prices the solution is a very big and inscrutable collection of mathematical theorems, lemmas, proofs, etc
Of course, if you interpret the challenge as doing it withing a budget of $20,000,000, then it becomes a much more interesting challenge.
5 prizes of $1M and a grand prize of $10M. That seems quite viable for the HN crowd. However, this is rather subjective compared to other problems. Many other problems are more like true/false.
Still, that's quite interesting and an app, designed for learning, with heavy optimizations on UX seems like a very commercially viable product. Given you have to do the skills of enterprise sales :)
> Google Lunar XPRIZE $20,000,000 Successfully launch, land, and operate a rover on the lunar surface.
That almost reads like a joke. It's going to take an awful lot more than $20,000,000 to accomplish that. The prize money is nearly irrelevant.
> ALS Treatment Prize $1,000,000 Develop a therapy that extends the life of ALS mice by 25%.
I surprised this one hasn't been taken yet.
That being said, I would love to see the competition and effort if the prize was increased by a factor of at least 25.
Need a way to filter the list to things that you can still register to enter.
[1] http://lunar.xprize.org/press-release/two-google-lunar-xpriz...
2. Give it one of these problems.
3. Profit!, of course minus the cost of the bananas.
Also, 2.8 -> Hope the prize is corrected for inflation.