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The most interesting part is the funding came from Japanese motorboat racing profit. Imaging if we could funnel profit from NFL to benefit science or local comm

The most interesting part is the funding came from Japanese motorboat racing profit. Imaging if we could funnel profit from NFL to benefit science or local communities.

tacocataco 3y ago
I often think about what could be if artists and scientists were free to explore their crafts and passions. What are we missing out on because it's not profitable right now?
- random_kris 3y ago
  Well if it isn't profitable it isn't desirable by society enough?
  - malfist 3y ago
    That's a very bad take. Things have value even if they're not profitable. Do you think the pharaohs built the pyramids because they were profitable? Look how important they are to the world culture.
    - stuartjohnson12 3y ago
      Interesting choice of example as far as ROI calculations go
      - malfist 3y ago
        Sure, it's got a positive ROI now, but most artist don't have 4,000 years to let their art appreciate in value.
    - gus_massa 3y ago
      The pyramids were a power demonstration. Probably indirectly profitable. Some unespoken threat like Fake> I ordered them to build the pyramid. If you revolt I will order them to pillage your village. Have a nice day and please send 20% more goats.
      - roywiggins 3y ago
        The most familiar thing to compare the pyramids to is probably European cathedrals. They were huge public works projects requiring a lot of labour, both skilled and unskilled, and done for religous, political, and probably economic reasons.
    - richwater 3y ago
      > world culture Do people in 2024 really care about the pyramids?
  - wongarsu 3y ago
    Often you have chains of invention, where it's not obvious from the outset that a specific outcome can be achieved by making that specific discovery or invention. Other issues are cases where the profit to society is clear, but difficult to capture by any specific group (the reason why infrastructure is mostly built by governments), and cases where discoveries happen by chance because somebody was given the chance to "screw around" (for example the person who found the xz vulnerability probably couldn't have justified why he put engineering time into investigating a 0.5 second delay).
  - kouru225 3y ago
    You gotta think about profitability across a larger timescale. Some things aren’t profitable now, but will be later, and if we get started on them now we can make that later come sooner.
  - snapcaster 3y ago
    Do you actually truly deep down believe this? You don't look around and see a single valueable thing that isn't profitable?
    - wolverine876 3y ago
      Or see highly profitable things that aren't valuable, or that are even highly damaging?
  - CalRobert 3y ago
    It's hard to fund things where the benefit is diffused among many people. Lighthouses are a classic example of this (you can enjoy their benefit even if you don't pay!). So is public art (why should I pay for public sculptures for everybody else?). Taxes are a traditional approach to this. It's sloppy and imperfect (plenty of my money is spent on stuff I don't value), but I don't know a much better way. Similarly, it's hard to price things where the negative externalities are diffused among many people. Pollution is a good example of this - the person generating pollution is often not the one suffering the effects of it, and the effects are generally widespread and diffuse (your car makes a thousand people a little bit worse off, not a single person horribly worse off). Taxes on these externalities are also an appropriate tool here.

The most interesting part is the funding came from Japanese motorboat racing profit. Imaging if we could funnel profit from NFL to benefit science or local communities.

tacocataco 3y ago

I often think about what could be if artists and scientists were free to explore their crafts and passions. What are we missing out on because it's not profitable right now?

random_kris 3y ago
Well if it isn't profitable it isn't desirable by society enough?
- malfist 3y ago
  That's a very bad take. Things have value even if they're not profitable. Do you think the pharaohs built the pyramids because they were profitable? Look how important they are to the world culture.
  - stuartjohnson12 3y ago
    Interesting choice of example as far as ROI calculations go
    - malfist 3y ago
      Sure, it's got a positive ROI now, but most artist don't have 4,000 years to let their art appreciate in value.
  - gus_massa 3y ago
    The pyramids were a power demonstration. Probably indirectly profitable. Some unespoken threat like Fake> I ordered them to build the pyramid. If you revolt I will order them to pillage your village. Have a nice day and please send 20% more goats.
    - roywiggins 3y ago
      The most familiar thing to compare the pyramids to is probably European cathedrals. They were huge public works projects requiring a lot of labour, both skilled and unskilled, and done for religous, political, and probably economic reasons.
  - richwater 3y ago
    > world culture Do people in 2024 really care about the pyramids?
- wongarsu 3y ago
  Often you have chains of invention, where it's not obvious from the outset that a specific outcome can be achieved by making that specific discovery or invention. Other issues are cases where the profit to society is clear, but difficult to capture by any specific group (the reason why infrastructure is mostly built by governments), and cases where discoveries happen by chance because somebody was given the chance to "screw around" (for example the person who found the xz vulnerability probably couldn't have justified why he put engineering time into investigating a 0.5 second delay).
- kouru225 3y ago
  You gotta think about profitability across a larger timescale. Some things aren’t profitable now, but will be later, and if we get started on them now we can make that later come sooner.
- snapcaster 3y ago
  Do you actually truly deep down believe this? You don't look around and see a single valueable thing that isn't profitable?
  - wolverine876 3y ago
    Or see highly profitable things that aren't valuable, or that are even highly damaging?
- CalRobert 3y ago
  It's hard to fund things where the benefit is diffused among many people. Lighthouses are a classic example of this (you can enjoy their benefit even if you don't pay!). So is public art (why should I pay for public sculptures for everybody else?). Taxes are a traditional approach to this. It's sloppy and imperfect (plenty of my money is spent on stuff I don't value), but I don't know a much better way. Similarly, it's hard to price things where the negative externalities are diffused among many people. Pollution is a good example of this - the person generating pollution is often not the one suffering the effects of it, and the effects are generally widespread and diffuse (your car makes a thousand people a little bit worse off, not a single person horribly worse off). Taxes on these externalities are also an appropriate tool here.