Earlier quoted context omitted.
> It's a gamble. Even gambles have odds. And, to me at least, it does matter if we get something valuable out of our tax dollars. Don't get me wrong, I'm not some slobbering hard-line libertarian who believes that any experiment with a negative result is wasted money. On the other hand, if the odds are that a positive or negative result is nowhere likely to benefit the public in a concrete manner (either directly or…
If you could know the odds or expected payoff in advance, then it wouldn't be cutting-edge science anymore. It would be engineering. You can't make valid predictions about the expected benefit of any single experiment before running it for the first time. All we have to go on is the history of major scientific undertakings, and the technologies they have eventually lead to. That history primarily shows two things: su…
Not so. For example, it was hypothesized long before the first human-initiated fission event that the energy from fission would possibly be useful for creating a bomb. The research and physics that went into actually developing the thing was still cutting edge even though predictions had been made about its long term practical applications.