So I’m on another forum debating this guy who says that 99.5% of the time government comes up with new inventions and private companies just make them profitable.
So I tried arguing from a theoretical basis, which he didn’t buy into, he wants examples. Well, I have a hard time even thinking of examples of inventions, so, any ideas?
He seems too stupid to talk with to me.
The microprocessor, plastic, denim, the airplane, cellular phones… and it goes on an on.
I just recently looked at the statistics for Private funding in medical research, its something like a 120% explosion in private funding since 1995. The government in that time frame has decelerated its research funding in that time frame