315
you are viewing a single comment's thread
view the rest of the comments
[-] Lmaydev@programming.dev 34 points 1 year ago* (last edited 1 year ago)

It's very hard to put a price on scientific advancement like this.

It often involves development of new technologies, talent and facilities that can generate money for decades.

The actual profit generated can be insanely large. Like the original NASA missions. They gave us so much technology. They are likely responsible for billions of future profit derived from the tech.

Consumer products like wireless headsets, LED lighting, portable cordless vacuums, freeze-dried foods, memory foam, scratch-resistant eyeglass lenses and many other familiar products have all benefited from space technology research and development. Modern laptop computers are direct descendants of The Shuttle Portable Onboard Computer (SPOC), which was developed in the early 1980s for the space shuttle program.

[-] Phanatik@kbin.social 11 points 1 year ago

Worth pointing out that the scientific advancement would generate billions that NASA will only see a fraction of.

[-] GaleFromCali@lemmy.world 20 points 1 year ago

Isn't NASA funded by tax payer's dollars? I guess you can look at it as a government funded non-profit research lab that it's mission statement is to generate technological advancements for the general public's benefit.

[-] Lmaydev@programming.dev 6 points 1 year ago

Indeed. As they are publicly funded that money comes back in the form a taxing the profits private companies make from the technology, rather than directly into their pockets.

[-] Diprount_Tomato@lemmy.world 2 points 1 year ago

It's not an advancement if it's already been done multiple times, just that by other countries

[-] Lmaydev@programming.dev 3 points 1 year ago

But even training those personnel and building facilities can lead to more breakthroughs later. It's why it's so hard to put a price on scientific endeavours.

this post was submitted on 25 Aug 2023
315 points (90.1% liked)

Technology

59081 readers
3109 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS