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>The reason things like HTS coil winding are moving so slowly to scale up is because there is no market for it. How could anyone invest in something with no ret
by perl4ever 5y ago
>The reason things like HTS coil winding are moving so slowly to scale up is because there is no market for it. How could anyone invest in something with no return?
This seems like an odd question. You seriously don't think people invest in businesses with no profits, or even revenue? In 2021? One of the financial trends recently has been investing in blank check companies that don't even have a business let alone revenue or profits. Also the biggest investing celebrity recently, Cathie Wood, is known for buying "innovative" companies based on their far future prospects, and has reaped spectacular returns so far.
There's a joke about two economists, where one of them sees a twenty dollar bill on the ground and says so, and the other says, "can't be, someone would've picked it up already".
Practical fusion power is like a multitrillion dollar bill on the ground and it needs some really creative explanation why it wouldn't be picked up.
- scoopertrooper 5y agoI think you've just identified a lucrative research field. Measuring progress towards practical fusion power plants in terms of engagement.
- perl4ever 5y agoThere is clearly capital available for things other than social media. Setting aside all the biotech IPOs: "SpaceX has raised a total of $6.6B in funding over 46 rounds. Their latest funding was raised on Jul 30, 2021 from a Secondary Market round." https://www.crunchbase.com/organization/space-exploration-technologies/company_financials https://www.crunchbase.com/organization/space-exploration-te... Searching crunchbase for companies in the energy industry that have raised > $1B returns 24 results, too.
- trenchgun 5y agoInvesting in hardware companies has not been as fashionable though. And fusion is hardest of the wares.
- uCantCauseUCant 5y agoThe problem is between promised results and actual results. Fusion promised results would be here 40 years ago. Cry wulf often enough and nobody will invest in you.