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Nearly all R&D is funded by "rich" people. The fact that this is too tells you nothing about how democratized it will be down the road. That entirely depends on
by BobbyJo 6y ago
Nearly all R&D is funded by "rich" people. The fact that this is too tells you nothing about how democratized it will be down the road. That entirely depends on the method of action the end product and whether or not it's scalable. If it is, money can be made selling it to everyone. If it isn't, then only people that can afford it will get it. That's how limited resources work.
- coliveira 6y agoMost R&D is funded by governments around the world, coming from the pockets of the population, not from the the rich. Unfortunately, the very rich are the ones putting most of the results of this research in their pockets.
- BobbyJo 6y agoNot true. At least not true for drug research in the US: https://www.drugcostfacts.org/public-vs-private-drug-funding https://www.drugcostfacts.org/public-vs-private-drug-funding
- coliveira 6y agoYou are pinpointing a specific area where there is private interest in investing due to the high commercial potential of drug patents. The large majority of research areas benefit little from private investment.
- BobbyJo 6y agoI figured that was the area most closely aligned with the subject: Drugs/Therapies to reverse aging.