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798 - COVID, Innovation, and Optimism with Matt Ridley
The James Altucher Show
Does Government Funding Lead to Innovation?
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i'm curious what science versus invention? There te thes two different issues that, does discovery lead to invention? Does science lead to technology? And the second question is, does government funding lead to innovations? You certainly can get cases where you fund pure research without expecting to get a er technology out of it. But it's surprising how often the opposite happens. It's like an old story that charles towns, the inventor of the lazer, used to tell about a beaver saying to a rabbit, as they look at t he hover dam. No, i didn't invent it, but it is based on an idea of mine.
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