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Seems reasonable that such a pressing tech gets a high reward. Say, $200M for each inventor, then humanity is set?
by tomrod 3y ago
Seems reasonable that such a pressing tech gets a high reward. Say, $200M for each inventor, then humanity is set?
- javajosh 3y ago10 million gives a person a nice home or two in most places people want to live, plus a six figure income for the rest of their life. 200 million is private jet money.
- worrycue 3y agoWhy not though.
- Rebelgecko 3y agoI'm tired of gofundmes
- sillysaurusx 3y agoWhose $200M? That’s the rub. I agree with you morally, and I think most people would agree that inventors of fundamental tech should be as well-compensated as founders who “merely” bring it to market. But were Einstein or Feynman wealthy, or Newton before them? Perhaps it’s the scientific fate to be at odds with capitalism. On the other hand, no amount of money can immortalize you the way this type of discovery would.
- psfried 3y agoNewton at least became quite wealthy. Dunno about the others
- sillysaurusx 3y agoInteresting! Do you know how?
- Asparagirl 3y agoNewton was a member of the British elite, he had income from Cambridge University, and he was first the Warden and later the Master of the Royal Mint. He was also experienced in investments. Nevertheless, he also got sucked into the infamous South Sea mania of 1720, which was basically the monkey JPG of its day, and consequently he lost a great deal of his wealth. “Newton's financial misadventures in the South Sea Bubble”: https://royalsocietypublishing.org/doi/10.1098/rsnr.2018.0018 https://royalsocietypublishing.org/doi/10.1098/rsnr.2018.001...
- pvaldes 3y agoNot having children helps a lot with that
- gizmo686 3y agoThe inventors will absolutely be well compensated (assuming their work pans out). They will get a patent and either sell or license that patent. That patented will probably end up being held by a rent seaker, who will extract money from the entire globe for the next 20 years until the patent expires. Given that, why not have a government spend a bunch of money to buy the rights, then release it to the public domain. If I had to guess, the scientists would be willing to sell it into the public domain for less money then they would to a private company; however they probably would not be willing to donate it to the public domain when there is massive private money on the table. Given all if this, the fact that there will likely not even be an offer for this by the government is a policy choice that we will be paying for for the next 20 years.
- bick_nyers 3y agoJust spread some China fear mongering and the US Government will make that patent disappear.
- Accujack 3y agoThey have been granted the patent they requested in 2021 just recently in the US, FYI.
- MrYellowP 3y ago> Given that, why not have a government spend a bunch of money to buy the rights, then release it to the public domain. I find your faith in governments, or naivete, quite disturbing. There is no such government that would do that. They'd be stupid doing it, too. They'd just keep it and profit from it themselves.
- floxy 3y ago>The inventors will absolutely be well compensated Who owns the patent? It wouldn't be out of the ordinary to assume the company they are working for owns it. Maybe they'll do OK, but I don't think it is a forgone conclusion that the discoverers/inventors will be suddenly wealthy.
- spaceman_2020 3y agoI mean we crowdfunded a space sim to the tune of $550M. I’m sure we can find a way to crowdfund a few dozen million for these folks.
- Jabbles 3y agoAlfred Nobel's? :)
- topspin 3y ago> then humanity is set No. Whatever problems LK-99 might solve will be rapidly replaced by new, even more pressing, "problems."
- UberFly 3y agoI think they meant: "then humanity is set... to benefit from the discovery." Just a guess.
- throwawayqqq11 3y ago[flagged]
- tomrod 3y agoThat is exactly what I meant. Thanks for clarifying. EDIT: to the dead sibling comment: nope, not denying climate change. Was speaking in reference to giving the inventors enough incentive to give up the patent while the technology still being wildly beneficial to humanity, should it be proven useful.
- mcpackieh 3y agoWhat's the rush? If it's real we'll figure it out soon enough. If it takes days or weeks or even months, that will make little difference in the long run.
- joshspankit 3y agoI’d very much prefer that approach the the current one. I’d like to see important discoveries free from “IP” and patent encumbrances and instead of inventors (hopefully) getting paid based on market viability, getting paid based on the positive different it makes to the health of the world. Just imagine the renaissance on fresh food, for example.