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Capitalism is one of the most important innovations. Thanks to this system, talented people not born into royalty or the upper class have the ability to change

Capitalism is one of the most important innovations. Thanks to this system, talented people not born into royalty or the upper class have the ability to change the world by convincing people with lots of capital to invest in their ideas. Figures like Sam Altman and OpenAI with ChatGPT, Steve Jobs and Apple with the iPhone, Zuckerberg and Meta with their social media platforms, and Elon Musk with SpaceX and his other endeavors exemplify this. If CERN weren’t controlled by governments and their bureaucracy, and instead had someone like Elon running it, it would've been much more successful.

szvsw 2y ago
What is the monetization scheme that would result in it being built? The beautiful part of governments spending money on this is that there is not nearly as much pressure for an RoI to “justify” it…
LaundroMat 2y ago
Do you really believe that fundamental research would get more investment if it were left solely to market forces?
- throw0101c 2y ago
  > Do you really believe that fundamental research would get more investment if it were left solely to market forces? Lots of monied people donate to scientific causes: > Since its founding in 1994 by Jim and Marilyn Simons, the foundation has been a champion of basic science through grant funding, support for research and public engagement. We believe in asking big questions and providing sustained support to researchers working to unravel the mysteries of the universe. * https://www.simonsfoundation.org/about/ https://www.simonsfoundation.org/about/ > Perimeter Institute for Theoretical Physics (PI, Perimeter, PITP) is an independent research centre in foundational theoretical physics located in Waterloo, Ontario, Canada. It was founded in 1999.[2] The institute's founding and major benefactor is Canadian entrepreneur and philanthropist Mike Lazaridis.[3] * https://en.wikipedia.org/wiki/Perimeter_Institute_for_Theoretical_Physics https://en.wikipedia.org/wiki/Perimeter_Institute_for_Theore... Would Musk handing over $17B for this instead of $42B for Twitter perhaps been better for humanity?
olkenrow 2y ago
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szvsw 2y ago

What is the monetization scheme that would result in it being built? The beautiful part of governments spending money on this is that there is not nearly as much pressure for an RoI to “justify” it…

LaundroMat 2y ago

Do you really believe that fundamental research would get more investment if it were left solely to market forces?

throw0101c 2y ago
> Do you really believe that fundamental research would get more investment if it were left solely to market forces? Lots of monied people donate to scientific causes: > Since its founding in 1994 by Jim and Marilyn Simons, the foundation has been a champion of basic science through grant funding, support for research and public engagement. We believe in asking big questions and providing sustained support to researchers working to unravel the mysteries of the universe. * https://www.simonsfoundation.org/about/ https://www.simonsfoundation.org/about/ > Perimeter Institute for Theoretical Physics (PI, Perimeter, PITP) is an independent research centre in foundational theoretical physics located in Waterloo, Ontario, Canada. It was founded in 1999.[2] The institute's founding and major benefactor is Canadian entrepreneur and philanthropist Mike Lazaridis.[3] * https://en.wikipedia.org/wiki/Perimeter_Institute_for_Theoretical_Physics https://en.wikipedia.org/wiki/Perimeter_Institute_for_Theore... Would Musk handing over $17B for this instead of $42B for Twitter perhaps been better for humanity?

olkenrow 2y ago

[flagged]