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>Scientists create more wealth than managers [Citation needed.] While I completely agree that progress in science creates much more value than efficient manage
by throwawaykf05 12y ago
>Scientists create more wealth than managers
[Citation needed.] While I completely agree that progress in science creates much more value than efficient management, a very small fraction of research efforts actually yields any useful results (as you mention downthread). Abstract value is different from wealth.
Even assuming that value translates proportionally into wealth (a huge assumption, considering that commercialization itself of scientific advances is risky and often far into the future), how can you even try to consistently determine the wealth an average scientist creates?
This is why science is like the startup game that VCs play. Invest a pittance into people who see promising and hope one of them turns out to be the next Google. Of course, despite the immense wealth a Google creates, all the non-Googles get nothing.