Comments on: Comments on 15836

Post number 15836

Zool — Tue, 26 Mar 2002 21:18:32 -0800

Long Bets. SCOTTSDALE, Ariz.--In 28 years, commercial airline passengers will routinely fly in pilotless airplanes. Sound ludicrous? Not to Microsoft Chief Technology Officer Craig Mundie, who recently bet Google Chief Executive Eric Schmidt $2,000 that the prediction will come true. This site is all about, well long bets. Oh, and it's all for charity.

By: scottymac

scottymac — Tue, 26 Mar 2002 21:49:28 -0800

I enjoyed that. Thanks, Zool, for the link!

By: rschram

rschram — Tue, 26 Mar 2002 22:01:15 -0800

Rules: Minimum bet is $1,000. There is no maximum amount. The bet money is treated as a donation to the Long Bets Foundation, tax-deductible immediately. Is it paid immediately, or is tax fraud the purpose of this?

By: cyniczny

cyniczny — Tue, 26 Mar 2002 22:25:29 -0800

Bets are "donated" immediately, (look under 'Putting the Bet On the Record'), but aren't paid to the charities until the bet ends. Interesting link, but looks more like a bunch of interest-free loans for the Long Bets folks more than anything else.

By: pinto

pinto — Tue, 26 Mar 2002 22:45:16 -0800

Those questions are pretty compelling. Could potentially lead to hours of informed discussion. But who would want that? And here? Ha, ha. Nice link.

By: ODiV

ODiV — Tue, 26 Mar 2002 22:48:40 -0800

You guys might want to check out Foresight Exchange. You can sign up and bet on the future, though not with real money. There's a tutorial here and K5 had a good writeup about the site awhile ago.

By: robzster1977

robzster1977 — Wed, 27 Mar 2002 05:21:53 -0800

Sorry, but I wouldn't want to fly in a plane powered by Mcirosoft... I can imagine it now... if it failed, it wouldn't just be one BSOD you'd be seeing...

By: rodii

rodii — Wed, 27 Mar 2002 05:55:40 -0800

Blue Sky of Death?

By: rodii

rodii — Wed, 27 Mar 2002 05:57:03 -0800

Pinto, discuss away if you have something to contribute. No one's stopping you.

By: mr_crash_davis

mr_crash_davis — Wed, 27 Mar 2002 08:59:01 -0800

The regional phone company going bankrupt is a sucker bet. Qwest is almost there already. They won't last to 2004, let alone 2007. Andy Chapman's money is safe.

By: ODiV

ODiV — Wed, 27 Mar 2002 09:11:37 -0800

No it isn't. It's going to charity.