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Actually Normalcy Bias may in fact feed that kind of money spending until such time as reality hits. Assuming that people will automatically act more logically
by zaphar 11y ago
Actually Normalcy Bias may in fact feed that kind of money spending until such time as reality hits. Assuming that people will automatically act more logically when large amounts of money is in play flies in the face of recent history. Just look at the recent housing loan crisis. Normalcy Bias played a part there.
It's certainly possible that we'll break more barriers with clever engineering and new scientific breakthroughs. But that doesn't mean the Normalcy Bias isn't in play here.
- bryanlarsen 11y agoNormalcy bias may have people spending lots of money on fabs assuming that the problems would be solved by the time the fabs are built. However, I'm talking hundreds of billions spent on R&D to specifically to solve problems associated with chip manufacture. It took on the order of 25 years to solve each of the problems listed in the grandparent's post. Nobody would spend that kind of money or time on something that they think somebody else would solve.