Because up until now, it's working just fine without large cash prizes, I guess.

mhb · on Sept 19, 2011

I suppose that depends on your sense of urgency.

eavc · on Sept 19, 2011

Are cash prizes all that helpful in fostering insight?

I recall a demonstration at TED where cash incentives cause a worse performance, maybe due to pressure.

So if people are showing up on intrinsic motivation alone, it might be good to let that lie.

mhb · on Sept 19, 2011

They seem to have worked pretty well for Netflix and the X prizes.

rooshdi · on Sept 19, 2011

Or sense of purpose.