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> I've always been of the opinion that if it were left up to the private sector we wouldn't have gone to the moon or placed a human in orbit. The project would
by savanaly 12y ago
> I've always been of the opinion that if it were left up to the private sector we wouldn't have gone to the moon or placed a human in orbit. The project would have been too long term, too risky, and have no obvious return on investment.
So perhaps we shouldn't have done it? We know it is the right decision now, but only given knowledge that we didn't have at the time. If you play a lottery and win, that doesn't mean it was right to play it in the first place. It just means you were lucky.
- rwallace 12y agoBut the universe isn't a zero-sum game, and R&D is like a lottery whose expected outcome is strongly positive: the majority of tickets still lose, but the winners far more than pay for the losers.