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by danaris 1573 days ago
The things you describe aren't areas where a traditional "market" can make much of a difference.

COVID mitigation is the closest, and...we've seen lots of innovation there, frankly. The damn disease has only existed for just over two years, and we've seen a variety of vaccines and at least a few different effective treatments appear.

Basically every other innovation you name is all about challenging powerful incumbents to improve things for ordinary people and/or the planet...and no, there's no "market" for that. Markets are terrible for that. The powerful incumbents are great at bending markets to protect the status quo, and ordinary people and the planet don't have much sway over them.

That's why we have things like regulation, antitrust laws, and government-funded science. What we need is to give them better teeth.