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It seems to me that the problem isn't the lack of innovation. It isn't the lack of ideas. It seems to be that investors want instant gratification and rapid com
by ori_b 17y ago
It seems to me that the problem isn't the lack of innovation. It isn't the lack of ideas. It seems to be that investors want instant gratification and rapid commercialise.
However, several of the largest fundamental advances in technology came out of pure research, curiosity without the attempt to commercialise. For example, when the laser was first created, the researchers saw no commercial applications for it. Now, lasers are a key component of our fiber-optic communication backbones.
What's needed isn't more innovation; Instead, more patience is needed. More exploration out of curiosity. More investment in pure knowledge. More research.
The fruits of commercial applications will grow off the tree of knowledge only if the tree of knowledge is well nourished.