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But that research is important and benefits us all - so, with how much excess and wealth stratification we're seeing in the modern world, isn't it worth it to d
by munk-a 3y ago
But that research is important and benefits us all - so, with how much excess and wealth stratification we're seeing in the modern world, isn't it worth it to divert some of that to supporting that research? If we're too focused on profit we'll optimize for a local maximum and miss out on highly impactful developments that might initially seem to be dead-ends.
- anon291 3y agoThe NSF and DoE and other government agencies make insane amounts of capital available for research. The CHIPS act included ~$53 billion in funding on its own.
- sseagull 3y agoThe NSF may be getting its budget cut to about $9 billion, which is not a huge amount considering all the areas they cover. Now compare that with the profit of big tech… that is truly insane.
- s1artibartfast 3y agoI dont think I agree with any of your assumptions. 1) Private research doesn't benefit all 2) Private research precludes public research 3) A local Maximum would be a problem or trap 4) The underlying view that the public has a right to individual wealth and it is underutilized resource.