[neilparikh]

> how else would the conversations go in a corporation (whose sole or primary incentive is by default monetary)

This isn't really a corporate issue at all though. Given scarce resources (whether physical or human), we need to be able to allocate resources efficiently. A conversation along these lines happens in public health systems all the time: how much money should be spent on medical interventions? There, the concept of a QALY (Quality-adjusted life year) is used, and typically, a price limit is set per QALY. Then, only interventions below that threshold will be funded. The idea is that since the healthcare system has limited funds, it doesn't make sense to spend exorbitant amounts delivering marginal results for one patient.

Now, one could argue this is simply a monetary issue, and if we didn't use money to measure these things, the issue would go away. The thing is, even if money isn't an issue (somehow), scarcity is still something we need to deal with. Developing and administrating medical interventions takes human labour, and spending a disproportionate amount of person hours on small gains is still an issue.

This comment is probably a little rambling, but the TL;DR is that given scarce resources (whether that's money in a corporation, or chemists and doctors in a health system), doing calculations on human lives is necessary if we want to make sure we allocate resources effectively.