I want your input.
Do you think a Brain-Machine Interface prize would work?
Here are the thoughts of this lay person (me)...
There could be two prizes under the banner of a BMI prize.
1) Invasive BMI prize
2) Non-invasive BMI prize
GOAL CONCEPTS
Each prize would set a goal to be achieved, and accept donations as incentive to achieve that goal. Teams currently working on BMI research could apply as official competitors.
I) The goals of the prizes would change as previous goals are achieved and as prize money is dispensed to winning teams. The goals would have to be sufficiently difficult so that they would warrant prize money, but not too difficult at least initially.
Here are examples of this first concept:
1) Invasive BMI prize - Initial goal of one-way communication from 1000 neurons (or 10,000 neurons).
2) Non-invasive BMI prize - Initial goal of increasing the resolution and number of measurements per unit time (hardware improvements), and/or improving software interpretation of brain activity as it relates to the subject's intent.
or
II) One long term goal could be set for each prize, and left to grow through donations so that when such goals are finally achieved the prize money will be substantial.
Here are examples of this second concept:
1) Invasive BMI prize - Long term goal of two-way communication between subject and computer (perhaps too ambitious? I don't know).
2) Non-invasive BMI prize - *Substantially increased resolution and number of measurements per unit time.
REQUIREMENTS
I wouldn't place many restrictions upon those teams that compete. The first subjects of more experimental BMIs may be animals, and not necessarily humans. Regardless though, if they have achieved those goals outlined in the prize they should be awarded the prize money. The only major requirement would be that the winning team demonstrate beyond reasonable doubt they have indeed accomplished the goals of the prize.
This outline is incomplete and may be editted at my discretion. Your comments and criticisms are welcome.
---
*The second prize may have it's limits as non-invasive BMIs may be a dead end venue of R&D at some point.