3 ms·
It seems a dollar of government investment now is likely worth $5 of investment down the line, once we've fallen further behind. The US ought to be investing on
by wegs 6y ago
It seems a dollar of government investment now is likely worth $5 of investment down the line, once we've fallen further behind. The US ought to be investing on multiple fronts to regain/maintain the lead here.
Best company I worked at -- small startup -- would always do 2-3 R&D initiatives in parallel. One would be conservative (guaranteed results). One would be super-high-risk (huge payoff if it works). Sometimes there would be one or two more. It was all a big hedge. Some panned out, some didn't, and when we hit the market, our technology was like science fiction. Competition didn't know what hit them.
That would run a fair bit of coin, but fairly little on the national scale.
(Footnote: Not a software company)
- andre_ramos 6y agoCan you share the company's name?
- wegs 6y agoNope. I don't identify myself online, and recommend the same to others. I think the most detail I can give is general class of work it engaged in. Think of MRIs, sonar, radar, ultrasound, back-scatter x-ray, LIDAR, CAT scans, etc. That's the general sort of technology it worked on. That should give enough detail for the purposes of this discussion...
- specialist 6y agoBasket of NPV style hedges are The Correct Answer™. Meaning, try a bunch of stuff, with some reasonable resources and constraints, see what works. I like the explanation and rationale given in Design Rules https://www.amazon.com/Design-Rules-Vol-Power-Modularity/dp/0262024667 https://www.amazon.com/Design-Rules-Vol-Power-Modularity/dp/..., though there's plenty of others. https://en.m.wikipedia.org/wiki/Net_present_value https://en.m.wikipedia.org/wiki/Net_present_value