Brunner in 1975 on info-future markets

From: Damien Broderick (damienb@unimelb.edu.au)
Date: Sat Aug 16 2003 - 00:50:39 MDT

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    It's more than a quarter of a century since I read John Brunner's stunning
    sf novel THE SHOCKWAVE RIDER, and I'd forgotten this prescient element:

    http://www.skypoint.com/members/gimonca/brunner.html

    < Brunner's future in "Shockwave Rider" includes an info-futures betting
    pool called Delphi. Even as people struggle to keep up with the tiring pace
    of technological change, they can win money by betting on the next
    breakthrough. (There is info-futures betting for entertainment only on the
    Internet today at http://if.arc.ab.ca/IF.shtml). Brunner sees this not as a
    free-market instrument, but as a tool to be manipulated by government
    bureaucrats who fiddle with the odds: "What the public currently yearned
    for could be deduced by watching the betting, and steps could be taken to
    ensure that what was feasible was done, and what was not was carefully
    deeveed. It was a task that taxed the skills of top CIMA experts to ensure
    that when the government artificially cut Delphi odds to distract attention
    from something undesirable no other element in the mix was dragged down
    with it." What appears on the outside to be freedom is actually government
    control by information feedback. >

    Damien Broderick



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