3 ms·
How much money is wasted in duplicated efforts of two or more companies working on the same thing? There's merit, of course, to having different teams of people
by gregmac 8y ago
How much money is wasted in duplicated efforts of two or more companies working on the same thing? There's merit, of course, to having different teams of people trying different approaches, but I assume even the learnings of failed attempts aren't shared between competitors.
How many medical breakthroughs are on the verge of discovery, of only someone had complete access to data that's currently spread in silos across multiple companies?
- hjk05 8y agoI get he gist of what you are saying is “if only we had cross company collaborations” but reality is that you’ll find people even inside the same company not collaborating. Heck you’ll find professors sitting in the same hallway for decades who are working on the same thing and not collaborating. As for opening up data, as soon as the data becomes valuable to share companies do share it, but quite naturally they charge for it to recoup the costs of creating that same data. And when one company abandons a druf, they don’t just dump it in the ocean, they sell it of to other companies again to recoup some of the costs.