Comment Re:Huge loss for mankind (Score 1) 249
This is all very true. However.
This is apparently a marketing stunt with low value to mankind otherwise it would have been solved a long time ago. The real economic value of this theorem is only the 50.000$ which the insurance took as a premium for the risk that someone would actually find it.
The large rewards always create a hype. Same effect is in the internet now. Lots of people going in there hoping to get rich quickly.
The ultimate destruction and misallocation of value (brainpower, time, money) is huge. Always happens. Oil-boom, gold-boom etc.
This marketing trick is just intellectually disguised to make it acceptable.
I will hold back on this one - waiting until someone offers a million dollars to prove that blondes are less intelligent than brunettes. I guess such a research project would yield lots of interesting insights too ...
This is apparently a marketing stunt with low value to mankind otherwise it would have been solved a long time ago. The real economic value of this theorem is only the 50.000$ which the insurance took as a premium for the risk that someone would actually find it.
The large rewards always create a hype. Same effect is in the internet now. Lots of people going in there hoping to get rich quickly.
The ultimate destruction and misallocation of value (brainpower, time, money) is huge. Always happens. Oil-boom, gold-boom etc.
This marketing trick is just intellectually disguised to make it acceptable.
I will hold back on this one - waiting until someone offers a million dollars to prove that blondes are less intelligent than brunettes. I guess such a research project would yield lots of interesting insights too
