|
Science Fiction
Dictionary Latest By
"...the people dealing with these new technologies will still be derived from the human stock we're familiar with today."
|
One of the key ideas in The Shockwave Rider is the notion of a Delphi group, or Delphi pool. Read on for Brunner's explanation from the book.
Perhaps the most striking attempt to make use of this kind of idea was the Policy Analysis Market (PAM), a proposed futures exchange developed by our friends at the Defense Advanced Research Projects Agency (DARPA). PAM was intended to be a kind of "futures market" for the Middle East; investors could trade futures based on political outcomes in the region.
The idea is that the monetary value of a particular "future" (a stated outcome in Middle East politics) would tend to increase as the outcome became more likely. That is, the value of a futures issue would tend to reflect the relative likelihood of that future actually occurring.
Unfortunately, it turned out that PAM would allow trading in such events as coup d'etats and assassinations; the resulting uproar caused the cancellation of PAM.
The Delphi method was used in the late 1940's at the RAND Corporation. In their implementation, a panel of experts was regularly polled by a facilitator to predict future outcomes of events related to the Cold War. Brunner probably derives his Delphi pool idea from this work.
The name "Delphi pool" is derived from the pythia, or priestesses, of Delphi in ancient Greece. The pythia would take questions and make predictions (which modern-day geologists attribute to hydrocarbon gasses like ethylene, which bubbled up from the faults in the region).
Read more about the Policy Analysis Market. Comment/Join this discussion ( 4 ) | RSS/XML | Blog This | Additional
resources: Delphi Pool-related
news articles:
Want to Contribute an
Item?
It's easy:
|
Science Fiction
Timeline
US Army IBEX Exoskeleton Walks Troops Out Of Danger
'The suit stands up and starts walking, gripping me round the calves and waist, taking the bulk of my weight off my throbbing feet.'
Boy Makes Biomimetic Turtle Robot
't came out into plain view. Darkington glimpsed a slim body and six short legs of articulated dull metal.'
Elon Musk Wants Data Centers In Space
'Internally it’s made up of millions of components, but the most important ones are the thinking and memory parts of the Mind proper.'
Origin F1 Humanoid Robot's Facial Skin
'I could look down at that face of carefully molded synthetic rubber, tinted the exact shade of the doctor's living flesh.'
Grok And The City Fathers From 'Cities In Flight' By James Blish
'Chris, the City Fathers are not interested in your welfare; I suppose you know that. They're interested in only one thing: the survival of the city.'
Terraformer Industries Make Methane
'Drake was the young spatial engineer he employed to terraform the little rock...'
|
|||||||||||||||||||||||
| Home | Glossary
| Science Fiction Timeline | Category | New | Contact
Us | FAQ | Advertise | Technovelgy.com - where science meets fiction™ Copyright© Technovelgy LLC; all rights reserved. |
||