From: Spudboy100@aol.com
Date: Mon Jun 09 2003 - 23:27:26 MDT
Wingcat noted:
<<We agree that those who might otherwise invest in
these technologies do not see much economic return
from them. However, there is disagreement as to
whether their forseen lack of profits is, itself,
incorrect. Do you believe they are being too
pessimistic for their own good in this case - i.e.,
that despite what they believe, they *actually* would
stand to make significant profit if they developed and
marketed these technologies?
I think that many investors, have a tendency to play conservative, which is
wise for them. My point is that there appears to be technology, which appears
worth developing, but lays fallow, because of the need for short-term payoffs.
The government is cautious because most taxpayers do not wish to pay more
taxes, over a long period to develop new technology.
I am confident that many useful technologies are largely unrecognized, in the
form of particle physics, and condensed matter physics because the investor
is investing elsewhere.
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