[HN Gopher] Government-Funded Alchemy
       ___________________________________________________________________
        
       Government-Funded Alchemy
        
       Author : surprisetalk
       Score  : 14 points
       Date   : 2025-07-24 14:59 UTC (3 days ago)
        
 (HTM) web link (thebsdetector.substack.com)
 (TXT) w3m dump (thebsdetector.substack.com)
        
       | PaulHoule wrote:
       | I recently picked up a copy of the Heinlein classic
       | 
       | https://en.wikipedia.org/wiki/The_Door_into_Summer
       | 
       | where in "the future" (our past) there is a technology to
       | transmute elements affordably and gold is cheap. The protagonist
       | gets screwed by his business partners and sent into the future
       | via cold sleep, buys a few kg of cheap gold, sends himself back
       | into the past with an experimental time machine, and funds his
       | own start-up company.
       | 
       | The book is an interesting answer to people who wonder what
       | eudaimonia is for an engineer, what one should do with one's
       | talents, and the consequences of automation. In that universe,
       | machine learning was realized with a particular type of vacuum
       | tube in the 1950s.
        
         | dvh wrote:
         | In Verne's Around the Moon the protagonist have to throw away
         | dead dog out of the spaceship window, but he manages to do it
         | quickly enough so that barely any air escaped.
         | 
         | Writers are limited by the knowledge of their time.
        
       | godelski wrote:
       | Tbh, I'm okay with this. Linked in the article it says Marathon
       | Fusion's total investments are just under $7M. That's really
       | nothing for government projects. We have to remember that what is
       | a lot of money for us as people is very different than what is a
       | lot of money for a government.
       | 
       | Author seems to be concerned with how risky of an investment it
       | is, but honestly, I'd be happy for the gov to make more of these
       | types of investments. I mean it really is a very small percentage
       | of the US national budget. Frankly, a big benefit from these
       | types of government funded projects is that the knowledge tends
       | to become public. Meaning that even failures lead to benefits as
       | the next person can learn from previous work. Just like with any
       | project. So idk, I'm happy to 10x that budget and see them fail
       | if we learn something useful out of it. That's still a win in my
       | book. $70M for a good step towards fusion? Deal!
       | 
       | What I'm not okay with is the hype machines that form around
       | these things. It is a self-inflicted wound explicitly created by
       | our risk aversion. We try really hard to pick the best projects
       | based on how well fleshed out their ideas are and supporting
       | proof. But as you can easily guess from that condition, it
       | usually means we end up moving in very small steps. Which then
       | has the problem of being less motivating for spending money on as
       | what, we're going to spend money for someone to research things
       | we already know the answers to? So what happens? Either people
       | make claims with confidence that is unfounded or they exaggerate
       | the importance of their work. There's certainly a bias as people
       | don't want to work on already known stuff and grant readers are
       | willing to let some exaggerations slide as "it's just the way
       | things are." But this compounds and gets out of hand...
        
         | tw04 wrote:
         | You're glossing over the part where we've got an administration
         | that's anti science dumping money into what is literally snake
         | oil.
         | 
         | We are so strapped for cash we need to cut off people's
         | healthcare, slash NASA's budget, make massive cuts to
         | university research and terminate vaccine programs. But we've
         | somehow got $7m to piss away on pretending you can turn lead
         | into gold like it's 600bc.
        
           | godelski wrote:
           | > what is literally snake oil.
           | 
           | Well it is this part that I'm unconvinced. You can probably
           | gather from my comment that I fully believe they are
           | overselling, but that's different.
           | 
           | As for the administration part, that's an orthogonal
           | conversation. It is preying on the effects that I discussed,
           | so they are related, but that doesn't mean they're the same
           | thing. We can talk about the x-axis without the y-axis, even
           | if we want to figure out where a point lies in a plane.
           | > We are so strapped for cash
           | 
           | I'll refer you to the first part of my comment.
           | 
           | Personally, when you're strapped for cash I think it is best
           | to go after the big ticket items that are costing you money
           | rather than freaking out about losing a few pennies. You're
           | not wrong that allocation is a problem, but allocation is a
           | difference between lack of budget.
        
       | tbrownaw wrote:
       | Mercury is kinda nasty, nice to see a possible method to properly
       | destroy it like this.
        
       ___________________________________________________________________
       (page generated 2025-07-27 23:01 UTC)