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So why are we paying 10 times the production price since this product has been payed by public funds ?
A big myth often told in the tech world that things are developed by startups using private equity. We often forget the large and dynamic public sector. Biggest "VC" in the world is DARPA and other US government entities. EDIT: I meant to say, it's a big myth the tech industry tells the public.
It is not a myth, but well known. Startups take something that is already researched, and further develop it and commercialize/monetize it. I think the myth might be more in the layman/general population, but most people in the tech world know this.
> Defense Advanced Research Projects Agency (DARPA) > make antibody-producing drugs to protect against a wide range of known and unknown emerging infectious diseases and engineered biological threats This is amazing. I need to follow their other grants now to see what they’re looking at
Enjoy! https://www.darpa.mil/work-with-us/opportunities
This![0]
[0] https://beta.sam.gov/opp/a6d0788057414e2c8fd6bdf45e3fd21d/vi...
[PDF¹] https://www.darpa.mil/attachments/CCUProposersDayFAQ%20v15.p...
[PDF²] https://www.darpa.mil/attachments/CCUProposersDayBriefv7.pdf
[PDF³] https://www.darpa.mil/attachments/HR001121S0024-Amendment-01...
So why are we paying 10 times the production price since this product has been payed by public funds ?
This is why tax avoidance is a bad thing. Governments can accelerate innovation with stimulations like this.
Looks like DARPA's budget is about 3.5 billion a year vs. the overall defense budget of something like 715 billion. I'm betting that a lot more people would feel ok about paying taxes if more of it was going towards these types of projects rather than empire building in far away parts of the world.
Containment of China, Russia, Iran, and North Korea is largely the defining policy of the last 70 years.
Of course tons of blunders like Vietnam and Afghanistan. Tragedies. But there has not been a World War III nor have there been large scale wars killing a sizable portion of the populace such as most wars pre-WWII.
For further evidence that the U.S. isn't interested in empire building is the fact that in wars over the last 70 years, the U.S. hasn't gained land and tried to turn the countries into vassal states like in classical European wars or like USSR did. The U.S. aims to build allies not an empire.
This is why tax avoidance is a bad thing. Governments can accelerate innovation with stimulations like this.
Looks like DARPA's budget is about 3.5 billion a year vs. the overall defense budget of something like 715 billion. I'm betting that a lot more people would feel ok about paying taxes if more of it was going towards these types of projects rather than empire building in far away parts of the world.
> Defense Advanced Research Projects Agency (DARPA) > make antibody-producing drugs to protect against a wide range of known and unknown emerging infectious diseases and engineered biological threats This is amazing. I need to follow their other grants now to see what they’re looking at
Enjoy! https://www.darpa.mil/work-with-us/opportunities
> Defense Advanced Research Projects Agency (DARPA) > make antibody-producing drugs to protect against a wide range of known and unknown emerging infectious diseases and engineered biological threats This is amazing. I need to follow their other grants now to see what they’re looking at
Earlier quoted context omitted.
I wonder if it’s possible to calculate a rate of return on that. How much worse off would we be now without mRNA vaccines? I doubt anyone would be complaining about blood clots.
Seems like China did fine with more conventional vaccine technologies. I'm glad we have another tool in the toolbox, but I am missing why the mRNA vaccine tech was necessary for COVID.
Also, as others have pointed out, it’s more effective.
Correct me if I’m wrong about this but it seems to be deceptive to think about it in terms of effectiveness.
60% doesn’t seem that much worse than 95%. Feels like 2/3 as good.
But if you look at it the other way around it’s 40% vs 5% which makes the gap much clearer - 8X more people getting symptoms (not sure what the data is on hospitalisation / deaths is though, probably closer)
Plus I believe mRNA vaccines should end up being cheaper in the long run.
Oh and plus you don’t feel as bad after getting them.
Earlier quoted context omitted.
Looks like DARPA's budget is about 3.5 billion a year vs. the overall defense budget of something like 715 billion. I'm betting that a lot more people would feel ok about paying taxes if more of it was going towards these types of projects rather than empire building in far away parts of the world.
The U.S. isn't empire building. It's mainly a policy of retaining superpower status for world peace. Containment of China, Russia, Iran, and North Korea is largely the defining policy of the last 70 years. Of course tons of blunders like Vietnam and Afghanistan. Tragedies. But there has not been a World War III nor have there been large scale wars killing a sizable portion of the populace such as most wars pre-WWII.…
This is as much if not more of a result of Mutually Assured Destruction due to nuclear weapons. Humanity finally built something so destructive we had to collectively choose not to use it because the only way to win that game is not to play it.
Now it's all proxy wars, cyber 'wars', and trade 'wars'.
>For further evidence that the U.S. isn't interested in empire building is the fact that in wars over the last 70 years, the U.S. hasn't gained land and tried to turn the countries into vassal states like in classical European wars or like USSR did. The U.S. aims to build allies not an empire.
This much I agree with.