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> (1) As a researcher you lose money if you don’t produce This is the biggest problem in my view. My work in R&D taught me that most of the time we don't produ
by nonrandomstring 4y ago
> (1) As a researcher you lose money if you don’t produce
This is the biggest problem in my view. My work in R&D taught me that
most of the time we don't produce anything. It's high risk. But it's
high in rewards, often in adjacent areas not primarily the focus of
the initial brief.
Surely all serious investors understand this. Research is something we
do for marginal returns. It's not an "innovation factory". With
things currently stacked against risk, research can only yield tepid
results.
- throwawaylinux 4y ago> Surely all serious investors understand this. Not necessarily when the investor is an academic institution or a government.
- nonrandomstring 4y agoBy "investor" I was thinking of people who risk their own money.
- throwawaylinux 4y agoOne of the major root causes of the problems with the system.
- ncmncm 4y agoInvestors are making solar farms be sited in deserts, are pouring money into fusion startups, and bid up fraudulent Energy Vault (NRGV) to $2B. Investors canonically do not understand.