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> When corporations that actually have a market test and profit motive are funding the research, avenues that are unlikely to succeed will be cut off sooner...
by hodgesrm 1y ago
> When corporations that actually have a market test and profit motive are funding the research, avenues that are unlikely to succeed will be cut off sooner...
It's hard to see how your suggestion would work for fundamental advances in technology. For example, backpropagation took decades to move from an idea to industrial use. [0] It was also "invented" multiple times.
[0] https://en.wikipedia.org/wiki/Backpropagation#History https://en.wikipedia.org/wiki/Backpropagation#History
- oefrha 1y agoExplaining the value of fundamental research and long term societal investment to some crypto bro is an utter waste of time. Polar opposite mindset.
- monero-xmr 1y agoI understood the value of crypto well before the vast majority of people and made a significant amount of money. While that isn’t an argument in favor of my opinions on other subjects, the pejorative of “crypto bro” is certainly inaccurate considering I noticed a massive profit opportunity well before most others, and instead should signal that I have heterodox opinions that might be accurate before the small-c conservatives (i.e. academics writ large) accept the truths
- oefrha 1y agoExhibit A. Exactly what I’m taking about.