Long bets

Finally got round to the current issue of Wired which includes an interesting article about Long Bets, set up by Stewart Brand and co, which encourages people to make long-term forecasts and bet US$1,000+ on their argument. Money is kept by Long Bets with half the interest accrued going to charity, half to operating costs. Famous names and their posturing aside, it's pretty interesting. Wired also has an article on the history of betting on the future. (Readers who liked Long Bets also liked The Foresight Exchange.)

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