The 10-year research-to-production timeline is the key lesson. Today's funding (VC or government grants) demands results in 2-3 years. We've systematically eliminated the "patient capital" that creates foundational infrastructure imho...
The 10-year research-to-production timeline is the key lesson. Today's funding (VC or government grants) demands results in 2-3 years. We've systematically eliminated the "patient capital" that creates foundational infrastructure imho...
To say nothing of systematically eliminating the foundational infrastructure for nationally funded science in general.
Some problems require time.
It took me 33.5 years to solve a problem that was important to me.
A solution did exist after all. And the conceptual/mathematical walls, mazes, and unexpected territories I was forced to traverse, taught me and gave me knew ways to understand problems.
I also learned the value of luck.
I thought it would take 3-5 months. 3-5 years, at most. (Not as an occupation, but as a side quest.)
Ignorance, incurable optimism, and hope are capricious sirens.
I clearly didn’t understand the problem like I thought. And my “quest” could easily have become a cautionary Don Quixote tale.
That experience gives me great appreciation for the famous organizations and labs that gave many minds the time to pursue, and help each other pursue, hard problems. Whose breakthroughs we still benefit from. Working somewhere like that would be a dream.
What was the problem?
In other words China's success is in part similar what used to make the US successful. Any lessons to be taken from that? No.
The Chinese follow a five year cycle: https://en.wikipedia.org/wiki/Five-year_plans_of_China
The pattern is adopted from the Soviet Union. Take whatever lessons from that you will.
Oh, so onimous. Your claim is that the number 5 is cursed because it is a communist number?
There is no lesson to take from the number 5. There are lessons to take from longer term planning.
> Your claim is that the number 5 is cursed because it is a communist number?
That’s your own nonsensical strawman, not mine. Who in their sane mind would stoop to such silly numerology? That sounds positively medieval.
What were you even thinking when you wrote your reply? You’re going to really have to unpack your thought process for me to understand what you said.
no, you need to explain why you thought the Soviet connection was important enough to mention. you could have said you agreed with the number or you thought it was too high for reasons or too low for reasons.
https://en.wikipedia.org/wiki/Five-year_plans_of_the_Soviet_...
5 years is very specific.
Its origin is important to know, to interpret that specificity. Did Feynman derive five years for innovations. No? Does the Chinese calendar have five years per “year week”? No.
So where did “5” come from? The Soviet Union.
Now questions about how well 5 years works can focus on historical successes and failures, instead of “where the heck did that number come from?”.
Do you know by any chance if the Chinese have 5 fingers on each hand? Is the number 5 forever tied to the Soviet Union and must never be used in economics again?
Are you proposing that having five fingers completely explains why they chose five years for their plans? Despite five being a number so common, it has innumerable associations beyond our hands?
Ok. Well don't be coy, show your work.
The number is not what is relevant in his comment.
If it were 6, they wouldn't have brought up the Soviet Union.
> no, you need to explain why you thought
What kind of purity test bullshit rhetoric are you using here? Whenever you find yourself saying, “you need to explain yourself”, step back and question things.
Have you tried reading the thread instead of jumping on a guy for wrongspeak?
The Soviet connection is really not that hard to follow. They were discussing development cycles. Whether China, which is a communist country with a “5 year economic plan”, is successful due to that 5 year plan.
So it’s very relevant to mention the Soviet Union. The Soviet Union was a communist country, it “invented” the 5 year economic plan, and it failed spectacularly.
> The 10-year research-to-production timeline is the key lesson. Today's funding (VC or government grants) demands results in 2-3 years.
Don't forget all the cries of "governments can't do anything, only free market commercial entities can innovate!"
> Don't forget all the cries of "governments can't do anything, only free market commercial entities can innovate!"
To be fair, that's an ideological assertion that is observed almost exclusively in the US. Not that state entities are known for their peak efficiency outside of the US, but neither are private companies.
> Today's funding (VC or government grants) demands results in 2-3 years
This is nonsense. VCs have been happily investing in technology on 5 to 10 year timelines; traditional VC funds were raised with 7 to 10 year tenors.
> We've systematically eliminated the "patient capital" that creates foundational infrastructure
Did you miss all the space and fusion funding? Biotech? Flying cars? The folks on this board complaining investors have infinite timelines for results?
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