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Authored by: Anonymous on Monday, October 15 2012 @ 06:50 PM EDT |
This has the same potential danger that securitizing mortgages has. When there
is suddenly extra billions of dollars available looking for research projects,
then there will be pressure to invest in projects that aren't quite as promising
as the original ones. Before long, the ROI goes really negative and the
research bubble collapses. Then cancer research will get a bad name. This kind
of thing needs to either be one-shot deals (will never happen because there is
too much money to be made) or left to the venture capitalists.
Before the bubble bursts, I want to get a no-doc research grant to do a computer
simulation of cancer in women that frequent topless beaches in the south
pacific. I'll need to do lots of first hand research before I can build the
computer model. I'm sure it will lead directly to a cure.
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