On Thu, 2 Oct 2003, Dan Reese wrote:
> off of providing support? Where's the incentive for a company (as
> opposed to an individual) to invest in researching new ideas? A cure for
> cancer isn't going to come out of someone's garage, nor will a company
> invest billions developing one if they're expected to give it away. Same
Let's say you're a Pharm company. Millions of cancer patients (and their
insurers, who are looking at millions in life insurance and degenerative care
costs, per patient) are pleading for a treatment. They've collectively
committed to pay $10B to the first company to provide one. Your scientists
tell you that for $100M, they have a 10% chance of finding a cure.
Society has come to its senses and done away with all patents and copyright.
Do you spend the $100M on a 10% chance of getting 100:1 payback? Because I
sure would.
YHBT by Disney and the other information tyrants who think they're entitled to
thousands of private monopolies. HAND.
-J
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