The Air Force Office of Scientific Research recently began funding several new initiatives that hope to improve defense operations from process prediction—understanding the surprise factor in complex systems—to analyzing blogs to determine patterns to aid in the war against terrorism. In other research, AFOSR believes it has developed a break-through in high energy laser technology involving an electric oxygen iodine laser research, solving a 30-year-old problem.
The emerging ability to bet on future events using online prediction platforms puts a new twist on classified information: Now there are ways to profit from that insider information.