Darpa unveils stupid ideas futures market

Posted by Matthew on Tuesday July 29, 2003 @10:36PM

from the No-futures-here dept.

US

Mathew writes: The Defense Advanced Research Projects Agency (DARPA), the pentagon think tank that came up with the Internet and the smart part of smart bombs, has unveiled a new futures market designed to detect which of its projects might be so politically incorrect that their exposure would cause damage to the agency.

Adm. John Poindexter explains: “Basically, we’ve put up a website where we detail each of our projects in detail. Then, interested parties from the media, politicians, policy experts, and crackpots can purchase shares of each idea, buying if they like the idea and selling if they don’t. Then, we simply stop budgeting the ideas that crash in the futures market, and fund the ones that do well.”

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