Showing posts with label Inventions. Show all posts
Showing posts with label Inventions. Show all posts

Thursday, October 04, 2012

Lotto for the Cure

An idea:

A rich philanthropist (someone like Bill Gates) creates a massive trust fund. The fund continues to re-invest its money to maximize the size of the trust.  The purpose of the trust is to reward the person/company that discovers the cure for some disease.  A "cure" could be defined as a reasonable treatment period followed by lifelong remission for 90% of patients....or whatever would be relatively air tight on defining a real cure.

The goal of the fund would be to give a massive incentive to someone (most likely a company) for curing a disease  rather than providing treatments for diseases.  This incentive would be in addition to whatever patent rights they would get as well.  If the fund got into the hundreds of millions of $$'s, it would serve not only as an incentive to innovate, but also an incentive to be the first to market (and thus, first to claim the prize).


Friday, March 28, 2008

So Edison *Was* A Hack?

That's what Nikola Tesla would have told you. But now it comes out that the first recorded human voice pre-dates Edison's phonograph by about 20 years. Of course, Edison's invention was the complete package, both sound recording and playback, which wins him the golden crown. But Édouard-Léon Scott de Martinville will now have to be credited with making the first recording of a human voice (....at least for now), but it took 150 years to figure out how to play it back. All in all, one of the most interesting stories I've read in a long time. <Link - along with audio of the 1860 recording>