News for hackers. Stuff that matters.

A comment on AlphaFold: a solution to a 50-year-old grand challenge in biology. Parent comment

Re:AlphaFold: a solution to a 50-year-old grand challenge in... by qqqwerty on Tuesday December 01, 2020 @07:48PM (#25272048)
We are in a period of historically low interest rates. If and when interest rates rise, these moonshot research startups will get dropped like a hot potato.
[ Parent | on HN ]
Re:AlphaFold: a solution to a 50-year-old grand challenge in... by peacefulhat on Tuesday December 01, 2020 @08:11PM (#25272172)
Why should they rise? Maybe they should stay low if it is so productive.
[ Parent | on HN ]
Re:AlphaFold: a solution to a 50-year-old grand challenge in... by vkou on Tuesday December 01, 2020 @09:03PM (#25272472)
Because in addition to funding moonshot project plays, low interest rates also fund a lot of really stupid investments that should never have been funded, and that go belly-up at the first sign of a tightening fiscal market.

When too many of those really stupid investments go belly up at once, it's called a bubble popping, and it is catastrophic to the economy.

[ Parent | on HN ]