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Corporations were funding scientific innovation indirectly through corporate taxes and they fought with every fiber of their being to cut those taxes because th
by searine 1y ago
Corporations were funding scientific innovation indirectly through corporate taxes and they fought with every fiber of their being to cut those taxes because they didn't want to pay for it.
If you think they will suddenly have a change of heart and start funding scientific discovery not just indirectly, but directly, then I have a bridge to sell you.
- tracker1 1y agoIf they want to remain competitive and advance, they certainly will.
- ksenzee 1y agoAnd we know companies certainly do what's best for their long-term growth and survival, rather than prioritizing short-term profits. We certainly don't need to worry about innovation grinding to a halt, and scientists leaving the field, while companies figure out the new normal.
- apical_dendrite 1y agoYeah, it doesn't work that way. Basically what you're saying is that a Pharma company is going to invest in research that may not pay off for decades, if ever. GLP-1 drugs are based on research that started in the early 80s. mRNA vaccines are based on research from the late 80s and 90s. Very few companies are interested in funding highly-speculative work where they won't see a return for 30 or 40 years - and probably will never see a return at all. It also creates a really serious problem - if companies are funding the basic science, then they are going to want to own what they're funding. But collaboration and shared knowledge is exactly what pushes science forward.