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Do you think crowdsourcing $300B/year is going to be (A) feasible, and (B) more capital efficient than having a bunch of experts attempting to extract maximum v
by chris_va 12y ago
Do you think crowdsourcing $300B/year is going to be (A) feasible, and (B) more capital efficient than having a bunch of experts attempting to extract maximum value from their revenue stream?
I think crowdsourcing can certainly play a role (and in effect the NIH is a big crowdsourced entity, and accounts for a huge amount of pharmaceutical research), however it does not seem like a full replacement.