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by WalterBright
4481 days ago
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Lots of research projects in the past were underwritten by rich people for the lulz, or by newspapers in exchange for exclusive stories to sell. I've often wondered why big corporations, as marketing, don't finance something like launching another Hubble space telescope. The corporate logo would go on the side, the corporation could host a conference to collect and analyze the results, it would be fantastic PR (instead of those silly commercials and celebrity endorsements they spend so much money on). |
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It's because flagship spacecraft and things like the LHC are projects that require a budget of several billions and a 25-year commitment. This kind of budget is within reach only of a wealthy nation with stable finances and a stable political system.
I think the budget explanation also explains the pharmco crisis. It takes about a billion and a decade to bring a drug to market, and that's why you see statins, antidepressants and antidiabetics in the pipeline. Meanwhile, antibiotic resistances are going to be a public health crisis, and Chagas disease, sleeping sickness and malaria are major killers in the developing world. A new model is needed here; we don't need to try coroprate sponsorship in space when it's already failing on Earth.