Wanna Bet?

This article has been reproduced in a new format and may be missing content or contain faulty links. Contact wiredlabs@wired.com to report an issue. Seventeen of the world's most wired minds stake their names – and their cash – on the future. Pronouncements about the future come easy. Even when made with an air of authority, they're usually just cheap talk, rarely revisited. Only the tiny fraction that have proven correct tend to be remembered, when their authors want to take credit. The Long Bets Foundation, a new project masterminded by Well founder Stewart Brand and Wired editor at large Kevin Kelly, hopes to raise the quality of our collective foresight by incorporating money and accountability into the process of debate. If someone makes a grandiose claim, any skeptic can challenge it – "Would you bet on that?" – and the Long Bets Foundation will keep tabs on the wager, whether it takes five years or five decades to come to pass. If proven right, a predictor can relish the victory; if wrong, the challenger gets the glory. By preserving the terms of the wager in public view, Long Bets promises to be more than a service for confident prognosticators. Over time, it hopes to foster better understanding of how predictions in aggregate work out in reality – what kinds of truths are easiest (or hardest) to forecast, and what kinds of people are right (or wrong) most reliably. Following are the first-ever "long bets."