OverUnity Prize may be way too small

[spacetrax]

Sooo...are you going to fight against each other or spend 10 bucks for the OU Prize?
Stefan Hartmann said it also here:
http://www.overunity.com/index.php?topic=5707.msg129890#msg129890

It is not my idea.

[Magnamotion]

The prize has not been awarded because it is impossible to win. If such a device were possible you'd win the Nobel prize and money would not be a problem.
There are plenty of sites offering large sums for such a device but their money is safe.

@ blueroomelectronics

The prize has not been awarded because of the hooks that come attached to it.        If everyone was serious about getting this type of technology out to the world then we would be looking at credible ways to help the developers of these technologies achieve THEIR goals, as well as ours.   

Lets say hypothetically that I had a functional overunity device right now.    At the pre production prototype stage,   or even lets say its as far advanced as a simple easily manufactured magnetic motor/generator, the size of a dishwasher that could power a domestic home.     Whats next...

Most of you will probably say release it to the forum, and dont worry about the returns, as they will come.    But lets also say that this hypothetical overunity device has taken over $100,000 and five years of my time so far to develop, and that I have bills to pay and a family to worry about, and that I was hoping that after solving the worlds energy problems I might get some return for myself.

Am I going to see $10,000 as an attractive return on my investment of time and money?....   NO
Am I likely to believe after 5 years of everyone putting down my efforts that things are suddenly going to change, and the corporates will pay me a royalty because its the right thing to do.... NO

Although the humanitarian in me believes that the technology should be freely available to those who want to build one for themselves, the realist in me believes that if the devices are going to be commercialised by the major corporates, and they will be, that I as the developer should get compensated for my invention

If the device is open sourced the truth is that it ONLY the corporates that will profit from it.

I have heard over and over in these forums that people will all build their own devices, so it won't be the corporates that profit from it.   Thats rubbish... lets see a show of hands... how many of you built your own toaster... the technology is not that hard... or did you all wait for the corporate machine to build them for you.    Sure some will build these devices because they have an interest in it as a fun project, the other 6 Billion people will wait for the corporate manufacturing companies to build them, which they will do in mass, making billions of dollars, with no return to the inventor....   That is the reality of open sourcing a device which has to be manufactured, as opposed to software.

So as the inventor of this hypothetical overunity device, what are my choices.

Patent the device... The truth is that an overunity device could be worth billions of dollars to the major corporates, so it will be challenged, or just blatantly be copied, and unless your patent is EXTREMELY well written, filed in every country on the planet, (total cost over US$500,000) and is backed up by a very competent legal team, (add another US$500,000 to the cost) it is not worth the paper it is written on.

I hear a lot of glib comments like "if it could be done you would get a nobel peace prize", or "there are lots of sites offering big dollars" etc etc....    Well how about you geniuses that have all the answers get together and produce some factual, detailed plans on how an inventor of these types of devices can get to these large prizes, without losing their intellectual and commercial rights.     Finding some experts on patents, and international licencing, to prepare a "how to manual" to give to the developers would be far more attractive than $10k

The reality is that once you have developed an over unity device there is no way to move forward right now, unless you want to give your work away.

In my humble opinion, if you are serious about getting this technology released to the public, then you need to find a way to help the developer to protect the commercial and intellectual interests in their products, so that they can release the technology for humanitarian purposes in a way that does not harm themselves....  after all with out them you wouldn't have the device in the first place.

Magnamotion

[Magnamotion]

The prize has not been awarded because it is impossible to win. If such a device were possible you'd win the Nobel prize and money would not be a problem.
There are plenty of sites offering large sums for such a device but their money is safe.

@ blueroomelectronics

The prize has not been awarded because of the hooks that come attached to it.        If everyone was serious about getting this type of technology out to the world then we would be looking at credible ways to help the developers of these technologies achieve THEIR goals, as well as ours.   

Lets say hypothetically that I had a functional overunity device right now.    At the pre production prototype stage,   or even lets say its as far advanced as a simple easily manufactured magnetic motor/generator, the size of a dishwasher that could power a domestic home.     Whats next...

Most of you will probably say release it to the forum, and dont worry about the returns, as they will come.    But lets also say that this hypothetical overunity device has taken over $100,000 and five years of my time so far to develop, and that I have bills to pay and a family to worry about, and that I was hoping that after solving the worlds energy problems I might get some return for myself.

Am I going to see $10,000 as an attractive return on my investment of time and money?....   NO
Am I likely to believe after 5 years of everyone putting down my efforts that things are suddenly going to change, and the corporates will pay me a royalty because its the right thing to do.... NO

Although the humanitarian in me believes that the technology should be freely available to those who want to build one for themselves, the realist in me believes that if the devices are going to be commercialised by the major corporates, and they will be, that I as the developer should get compensated for my invention

If the device is open sourced the truth is that it is ONLY the corporates that will profit from it.

I have heard over and over in these forums that people will all build their own devices, so it won't be the corporates that profit from it.   Thats rubbish... lets see a show of hands... how many of you built your own toaster... the technology is not that hard... or did you all wait for the corporate machine to build them for you.    Sure some will build these devices because they have an interest in it as a fun project, the other 6 Billion people will wait for the corporate manufacturing companies to build them, which they will do in mass, making billions of dollars, with no return to the inventor....   That is the reality of open sourcing a device which has to be manufactured, as opposed to software.

So as the inventor of this hypothetical overunity device, what are my choices.

Patent the device... The truth is that an overunity device could be worth billions of dollars to the major corporates, so it will be challenged, or just blatantly be copied, and unless your patent is EXTREMELY well written, filed in every country on the planet, (total cost over US$500,000) and is backed up by a very competent legal team, (add another US$500,000 to the cost) it is not worth the paper it is written on.

I hear a lot of glib comments like "if it could be done you would get a nobel peace prize", or "there are lots of sites offering big dollars" etc etc....    Well how about you geniuses that have all the answers get together and produce some factual, detailed plans on how an inventor of these types of devices can get to these large prizes, without losing their intellectual and commercial rights.     Finding some experts on patents, and international licencing, to prepare a "how to manual" to give to the developers would be far more attractive than $10k

The reality is that once you have developed an over unity device there is no way to move forward right now, unless you want to give your work away.

In my humble opinion, if you are serious about getting this technology released to the public, then you need to find a way to help the developer to protect the commercial and intellectual interests in their products, so that they can release the technology for humanitarian purposes in a way that does not harm themselves....  after all with out them you wouldn't have the device in the first place.

Magnamotion

[utilitarian]

The whole question is absurd.  A working overunity device would be valued in the trillions of dollars, at least as far as the value of the invention to humanity.  Obviously, the inventor would not be able to sell it for that, but given a decent patent, he ought to be able to profit quite handsomely still.  So anyone interested in profiting would take the market value of the invention.  Anyone wanting to give it away, would give it away.  $10K is a non-factor one way or the other.

Realistically, the prize is not even $10K, because that $10K is in the form of unsecured pledges.  So when it comes time to pay, only some small fraction of the pledges would be collected.  And some of these pledges go back how many years?  Try tracking all those people down.  Oh, and all we have are their screen names.

[turbo]

I have wonderd many times what would happen when it comes to payment.....
I do NOT think Stefan will be able to raise the money in 3 months.
We call that a "dead bird" over here.
Given the social value of this competition, i think this game should be rendered more serious.

Marco.