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> quantum computers, fusion, synthetic bio, space exploration, asteroid mining Poster children for tech with no realistic commercial prospects. Projects in the
by SoftTalker 4mo ago
> quantum computers, fusion, synthetic bio, space exploration, asteroid mining
Poster children for tech with no realistic commercial prospects. Projects in these fields have been pipe dreams for decades. Where are any commercial products in the areas of fusion reactors? Quantum computers? Asteroid mining operations?
If private investors want to fund this stuff, fine. As long as they don't come seeking bailouts later.
- malfist 4mo agoNot only that, but fusion itself is absolutely not what a tech venture capitalist wants to fund. The research horizon for fusion power is in the multiple decades. You're never going to find an investor that says "Yeah, I'll give you enough money to build a fusion reactor and do research for 20+ years in the hopes that you get something workable" Fusion is literally still in the pure science stage that OP was telling governments to stick too.
- charcircuit 4mo agoThe same thing could have been said about AGI 10 years ago.
- tlb 4mo agoThis is out of date. There are now a number of fusion energy startups, including Helion which has raised $1B from investors, mostly Silicon Valley ones you've heard of. It's not yet proven that the tech will work, but it is proven that investors are willing to fund it.
- mitthrowaway2 4mo agoGeneral Fusion's approach seems pretty realistically commercializable. They're struggling to get any funding though, probably a symptom of being in Canada.
- actionfromafar 4mo agoA symptom of not bribing the Orange Purse King?