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[IP] LongBets -- an outlet for both the delighted and the despairing





Begin forwarded message:

From: Paul Saffo <psaffo@xxxxxxxx>
Date: November 6, 2004 8:39:45 PM EST
To: Dave Farber <dave@xxxxxxxxxx>
Subject: LongBets -- an outlet for both the delighted and the despairing

In the last few days, many people have been forcefully arguing the long-term consequences of the election, optimistic and pessimistic. Whether you are delighted or despairing, we at the LongNow Foundation have an outlet for your passionate visions of the future at [ www.longbets.com ].

LongBets is a venue where people can make accountable predictions or bets about future events of interest to society with philanthropic money at stake. The Foundation provides the continuity to see even the longest bets through to resolution (we already have several 50 years out), and ensures that the stake is delivered to the charity specified by the winner. In addition, LongBets provides a forum for discussion of the bets and predictions, and what may be learned from them and their eventual outcomes. It is our goal to foster long-term thinking and long-term accountibility.

The New York times [ http://www.nytimes.com/2004/11/01/technology/01bets.htm ] recently wrote up a 2002 bet between actor Ted Danson and Michael Elliot, editor of Time Asia. Michael predicted that the US soccer team would win the World Cup before the Red Sox won the World Series. Ted was the winner and the stake of $2000 will go Ted's target charity, the American Oceans Campaign.

Another featured bet [ http://www.longbets.org/129 ] from 2003 which just resolved was "As of August 2005 a Democrat is President of the US." Stewart Brand made the prediction, and Brian Eno challenged him. Because Brian was the winner, the stake of $1000 went to Brian's chosen charity, The San Francisco Exploratorium.

Now, is there a consequence of this election that you passionately believe? Will peace and democracy will break out in Iraq? Will the Israelis and Palestinians find the peaceful coexistence that has eluded them for half a century? Will suicide bombers will appear in the US? Will Iraq witness Vietnam-like outcomes? Will Jeb Bush be the next President, or perhaps Hilary Clinton?

The rules, posted at www.longbets.org/rules  are simple, and include:
--The minimum period for predictions and bets is 2 years.
-- The subject must be societally or scientifically important.
-- One must provide an argument for one's bet/prediction.
-- The fee to place is prediction is $50, or a stake of $200 for a bet.
-- One must specify a charitable recipient.

So, if you passionately believe in a particular outcome stemming from the November 2nd vote, this is your chance to get go on-record and also to compel those you disagree with to step up and publicly state their opinions in a manner that guarantees long-term accountability. Winners gain bragging rights and the satisfaction of seeing the stake to to a good cause of their choosing.

For more on LongBets, see: www.longbets.com

And for more on the Long Now Foundation, see www.longnow.org

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