Re:Instagram is shifting to videos – users aren't happy
by igorkraw on Thursday August 04, 2022 @03:54AM
(#32340331)
Yeah, but we were talking about incentives not about finding capital. Nerds are perfectly capable of writing proposals, budgets, etc. if they have the time, and if there is not need to feed constituents and make a profit of the results, it can be done cheaply and under budget. You might still want to spend time optimising this, but the incentives are there already and need not to be set (provide public goods, have fun doing it)
I think this is only true to a certain extent. We have reached a point where a lot of new innovation and invention is only possible with a truly tremendous amount of financial investment. No amount of tinkering in your garage is going to bring about the next advancement in EUV lithography. You need an entity with a lot of capital and a strong incentive to bring many of these things about. That can come from either the private sector or the government, but it cannot realistically be pulled out of thin air.