3 ms·

I think if i was a billionaire id start the "Sure let's see what happens fund" The more obviously bad a business idea the more likely they would get funded (as

I think if i was a billionaire id start the "Sure let's see what happens fund" The more obviously bad a business idea the more likely they would get funded (as long as it wasn't blatantly harmful). They get money, they support from relevantly qualified people that will try make it work etc. I'd be a billionaire so its not like i would care if it's a loss.

hotnfresh 3y ago
I’ve thought about this (because of course it might happen and I need to be ready, haha) and if I had billions I’d do two education things: 1) Fund a small pure research institution. Get a dozen or two academics who are promising but are hindered by publish-or-perish and related culture out of that mess, let them do their thing. Even if only one or two at a time do anything worthwhile and the rest just kick back and take the money, that’s potentially a pretty great outcome. No strings, long horizon, maybe even a lifetime-stipend kind of situation. 2) Buy the rights to some excellent textbooks in areas that don’t change fast enough to need major updates all the time (math, for example). Possibly whole curriculums, especially for lower grades. Put them in the public domain. Set up a small endowment to fund keeping them up-to-date (mostly just fixing errors). (This is 1,000% something the government ought to do, the ROI is crazy high, but they aren’t doing it, so whatever)