MIT's excuse of a victory: DARPA's Red Balloons
MIT acted as a broker to the DARPA project by dividing the winnings according to a race-reward-sharing model for anyone who delivered the coordinates to MIT. They acted more like HBS than MIT on this one. In my opinion this test demonstrates that the Web and social networks are not ready to rival institutions who can basically shortcut and inject themselves as brokers. Additionally, very little was learned or demonstrated as MIT hijacked to potential innovations that could have to emerged from the challenge. MIT won by bribing instead of innovating. MIT should not exhibit confidence in the victory. MIT's victory did not teach DARPA was that wars can be won by trade and economics; the history of conflicts have thought us that very well. I am disappointed in MIT's approach and feel for all who tried to use new technologies to discover new ways to gain awareness.
See CNN's MIT wins $40,000 prize in nationwide balloon-hunt contest.
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