Re:Institutions try to preserve the problem to which they ar...
by empath-nirvana on Saturday February 24, 2024 @10:41AM
(#39492324)
I think the more archetypal example is that _treating_ a disease is a lot more profitable than _curing_ a disease -- would the Epipen manufacturer ever develop and market a allergy _vaccine_ that cured an allergy with a one time shot?
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Re:Institutions try to preserve the problem to which they ar...
by fabian2k on Saturday February 24, 2024 @11:20AM
(#39492699)
One of the most successful drugs in recent times was one that actually cured a previously chronic and not curable disease. It was also a controversial one because it was very expensive. But Solvadi, which cured Hepatitis C was certainly a huge commercial success and shows that the whole idea that pharma companies are never incentivized to cure diseases instead of treating them is just wrong.
Re:Institutions try to preserve the problem to which they ar...
by mixmastamyk on Saturday February 24, 2024 @01:16PM
(#39493764)
Nice example, but one exception doesn’t disprove a trend.
Re:Institutions try to preserve the problem to which they ar...
by fabian2k on Saturday February 24, 2024 @01:57PM
(#39494150)
What trend? In which cases specifically are companies avoiding to create a cure that would be possible and promising?
Re:Institutions try to preserve the problem to which they ar...
by kortilla on Saturday February 24, 2024 @01:57PM
(#39494152)
What trend? You need to show evidence of cures being suppressed many times to indicate any kind of trend.
Re:Institutions try to preserve the problem to which they ar...
by mixmastamyk on Saturday February 24, 2024 @03:17PM
(#39494803)
Any trend. I’m not making a claim—simply a logical statement. Those making claims need to show evidence.
Re:Institutions try to preserve the problem to which they ar...
by BurningFrog on Saturday February 24, 2024 @10:46AM
(#39492380)
This is one reason it's essential to have a free enterprise system, where anyone can take on such problems.
Re:Institutions try to preserve the problem to which they ar...
by forgetfreeman on Saturday February 24, 2024 @12:26PM
(#39493304)
Free enterprise is not a necessary precondition for research. You'll note how much of the last 50 years of technological advancements were direct or indirect results of government funded research programs.
Re:Institutions try to preserve the problem to which they ar...
by smallmancontrov on Saturday February 24, 2024 @11:14AM
(#39492651)
If it's too free, nobody will do the research because they'll get scooped by copycats while everyone will claim to have a cure because they'll already have the customer's money by the time their fraud is discovered. Freedom is a good default and a good guiding principle, but it's a terrible absolute principle.
Re:Institutions try to preserve the problem to which they ar...
by sitkack on Saturday February 24, 2024 @11:18AM
(#39492681)
Or a system that removes profit from the equation. From the article, I don't think any one bureaucratic system is immune from the effect.
In the tech sector, we see many examples of the disruptor opening a temporary wedge to either get acquired by the dominant player or becoming the new hegemonist.
Re:Institutions try to preserve the problem to which they ar...
by BurningFrog on Saturday February 24, 2024 @11:36AM
(#39492843)
A system where it's not profitable to solve problems won't do much problem solving.
Re:Institutions try to preserve the problem to which they ar...
by owisd on Saturday February 24, 2024 @12:08PM
(#39493149)
This is just taking the rational consumer model, forgetting it's just a model and treating it as a fact of life, and then inventing corollaries from it. Plenty of people find intrinsic value in solving problems without there needing to be a profit. See, e.g. Open Source Software, The Apollo Program, Academia, the BBC.
Re:Institutions try to preserve the problem to which they ar...
by fallingknife on Saturday February 24, 2024 @12:44PM
(#39493465)
And that only works for problems that are cheap to solve. Most aren't.
Re:Institutions try to preserve the problem to which they ar...
by rented_mule on Saturday February 24, 2024 @01:42PM
(#39494005)
You are replying to a post that references exceptionally expensive efforts. The inflation adjusted cost of the Apollo Program was hundreds of billions of dollars[1]. By what measure is that cheap? Maybe I'm missing intended sarcasm?
Re:Institutions try to preserve the problem to which they ar...
by BurningFrog on Saturday February 24, 2024 @03:10PM
(#39494756)
The Apollo Program, Academia, and the BBC all pay their workers, which makes it profitable for them to do the work.
I get your point: These are not for profit enterprises and they still get important work done.
I'm making a different point: People don't work for the benefit of others without being rewarded.
Open Source Software is not a bad counter example. I think there are rewards in the joy of programming, making a name for yourself, and a few other things, but I'll concede that there is some nuance there.
Re:Institutions try to preserve the problem to which they ar...
by sitkack on Saturday February 24, 2024 @09:09PM
(#39496977)
Spoken like a true Ferengi.
Re:Institutions try to preserve the problem to which they ar...
by TheOtherHobbes on Saturday February 24, 2024 @11:11AM
(#39492635)
Why would this happen when it's more profitable not to?
Re:Institutions try to preserve the problem to which they ar...
by BurningFrog on Saturday February 24, 2024 @06:52PM
(#39496214)
How do you make profit not doing something?
Right now I'm not doing billions of things, and don't see a cent is coming in!