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And THIS is why the flu vaccine is still grown in eggs. It has a long history of working. For something as high-stakes as a vaccine or global financial exchange
by crusty 6y ago
And THIS is why the flu vaccine is still grown in eggs. It has a long history of working. For something as high-stakes as a vaccine or global financial exchange, the alternative needs so demonstrate not only superior efficacy but establish equivalent confidence. Traditionally, for vaccine manufacturing, where there is no option to start small and transact from the margins, the only possibility would be a competing interest willing to ignore the confidence factor in order to establish some base of confidence. And the comes a pandemic and a great deal of money is gambled on a new production technology, that otherwise would not have overcome the confidence deficit, because potential development and production time savings were so valuable, the lack of confidence was deemed a worthwhile risk. I suppose the US should beware the equivalent crisis to the global financial system. But also, the RMB can start small at the margins.
How does China's transparency-averse system effect confidence-building though?