Knight, with help from the Ford Foundation and Mozilla, is offering $2.75 million for the winning ideas. The challenge aims “to attract a broad range of innovative ideas from journalism, policy, research and education.”
The challenge comes just after Verge Managing Editor Nilay Patel wrote a much-passed-around essay called “The Internet Is Fucked (But We Can Fix It).” Its thesis: “the internet is a utility, there is zero meaningful competition to provide that utility to Americans, all internet providers should be treated equally, and the FCC is doing a miserably ineffective job.”
Patel is skeptical that the market can address these problems on its own, because of lack of competition among Internet providers. He suggests pressure on the FCC to stop Comcast’s planned merger with Time Warner, for instance:
American politicians love to stand on the edges of important problems by insisting that the market will find a solution.