Lucio wrote:
Yes, but sometimes you have to put vast amounts of money into a
project into a creative idea to actually bring it to reality. And
often it is simply too much money to attract investors or even
government to the idea.

Anna writes:
Then I would assume that the creative idea wasn't or isn't very creative.

You wrote:
Take for instance drug discovery.

Anna writes:
I would assume that the drug discovery, at any time, has been
financially beneficial.

You wrote:
Another example: particle physics. In the 90s there was that project
for the Supercollider, a particle accelerator that would produce
energies high enough...

Anna writes:
I'm not really sure what you are talking about.  Could you explain?

You wrote:
Of course creative breakthroughs are possible.

Anna:)
Yes, that's what's make them unique:)






On 10/4/06, Bruce LaDuke <[EMAIL PROTECTED]> wrote:
The current rate of innovation doesn't really matter if society 'innovates
innovation itself.'  This **is** singularity because it removes the primary
barrier for all social advance, which is the understanding of what advance
is, where it comes from, how we accomplish it, and how it can be mechanized.

Industry is the application of advance or the 'science of making things.'
Advance itself is somewhat separate from the products associated with that
advance as evidenced by the fact that one can have the knowledge to make
something and choose to never make it.  Not saying that one doesn't need
money for some advances, but I'm saying you have to separate these two
appropriately to fully understand both.

That said, I see two primary obstacles to singularity and economics is not
one of them.

The first is Social Impacts.  It is not a given that social advance will
eliminate social risks and negative social impacts that result from that
advance.  For example, one can 'advance' to make bombs that fit in your
shirt pocket that have power to destroy a city, but conflicting, beliefs,
values, and ideologies will be the killer, not the bomb itself.  It is quite
possible to be highly knowledge adults and a social or spiritual babies at
the same time.

The second is Social Acceptance.  It's one thing to discover singularity,
but it is entirely another for society as a whole to accept it.  This has
been the primary obstacle to most great advances in ages past.  The
'establishment' tends to resist truly radical advance because it reforms the
establishment.  The world is flat until after you're dead, then we might
believe its round.

On a personal level, what criteria do you use personally to accept or reject
new ideas?  Are politics, status, connections, reputation, etc. in any way
involved in your decision?  Point being that individuals, groups, and
society often reject advance, or accept non-advances, for all the wrong
reasons.

My futuring manifesto talks about the three elements of advance, social
impacts, and industry in a little more detail:
http://www.hyperadvance.com/manifesto.htm

Kind Regards,

Bruce LaDuke
Managing Director

Instant Innovation, LLC
Indianapolis, IN
[EMAIL PROTECTED]
http://www.hyperadvance.com




----Original Message Follows----
From: "Lúcio de Souza Coelho" <[EMAIL PROTECTED]>
Reply-To: singularity@v2.listbox.com
To: singularity@v2.listbox.com
Subject: Re: [singularity] Counter-argument
Date: Wed, 4 Oct 2006 23:25:53 -0300

On 10/4/06, Anna Taylor <[EMAIL PROTECTED]> wrote:
(...)
>From my experience:
>Innovative creative ideas are in most, rewarding, and at times very
>financially rewarding.
(...)

Yes, but sometimes you have to put vast amounts of money into a
project into a creative idea to actually bring it to reality. And
often it is simply too much money to attract investors or even
government to the idea.

Take for instance drug discovery. Sometimes it takes years of research
and millions and millions on lab equipment and scientists to make some
advance in some group of medications/substances; and as in any other
risk activity, sometimes those efforts end in failure. There is even a
provocative book about that, "The $800 Million Pill". Now, imagine
that in the future, after we discover many other drugs, the cost for
finding even newer ones may be so high that companies will decide that
it is higher than the likely return obtained by selling the said newer
drugs. And then advances in that field will come to a halt. In fact
costs of drug development are already high enough to trigger work on a
new field of research, the study of combinations of *existing* drugs,
which may have some interesting returns at a far lower cost.

Another example: particle physics. In the 90s there was that project
for the Supercollider, a particle accelerator that would produce
energies high enough to probe the inner workings of matter-energy and,
who knows, even Existence itself. (Supposedly the Supercolider would
shed some light on the hypothetical Higgs Boson, the so-called "God
Particle".) However, it would be vastly expensive to build that and
the project was cancelled.

Yet another: large scale commercial exploration of space. In the 70's,
during the Oil Shock, Gerard O'Neil proposed a massive government
project that would build huge solar power stations in space and beam
the energy to Earth by using microwaves. The would be cheap energy
24/7, *forever*. (Well, actually for the next few billion years. ;-)
Although technically sound and able to pay itself after 10 or 20 years
under some reasonable assumptions, the startup investment would be of
course enormous, and the project was never implemented.

Of course creative breakthroughs are possible. Ideas that were
reasonably cheap to develop, like the electric bulb, and discoveries
that were basically accidental, like electric induction, changed
entirely the whole world. In the same way, one day for instance one
may invent antigravity or a cheap space elevator and make commercial
exploration dirty cheap. But until then all those "Failed Dreams", as
Vernor Vinge called them in "A Deepness in the Sky", will look
unattractive from an investment and return point of view.

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