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This is such unmerited speculation. > Look all I'm saying is that if we let the free market do whatever it wanted with gene therapy, cancer would be cured alre
by bccdee 6y ago
This is such unmerited speculation.
> Look all I'm saying is that if we let the free market do whatever it wanted with gene therapy, cancer would be cured already. The market innovates. Look at SpaceX.
You can't dismiss huge technical challenges and engineering problems with "uh the free market can probably innovate a solution." Likely what would happen is a dozen nuclear startups would spring up like mushrooms after rain, vacuum up hundreds of millions in VC funding, spin their wheels for five years, and then dry up, leaving us with nothing.
The market isn't there to innovate. It's there to generate revenue, and it only innovates insofar as it is easy and profitable to do so. It's not a magic wand you can wave at situations you dislike. Frankly, if you want someone to innovate for you, ask the government [1].
[1]: https://time.com/4089171/mariana-mazzucato/ https://time.com/4089171/mariana-mazzucato/