posted on Apr, 16 2013 @ 12:52 PM
Originally posted by HomoSapiensSapiens
If I had $100bn/£100bn in straight hard cash, what would I invest in for the benefit of humanity (and also ensuring future wealth growth for
myself)?
The first and second are not fully compatible.
What could I set up? What would I invest in? What are the world's poorest in need of? What are we, generally as a species, in need of?
I would set up a foundation which would be able to donate about $4 billion per year nearly indefinitely. I'd allocate half of that to basic and
moderately applied physical science & engineering. I would then fund the type of innovative but non-standard projects which have a hard time getting
through major funding agencies, scientists somewhat outside the mainstream (I'm not talking about the wackjobs who sometimes come to ATS who don't
even remotely understand quantum mechanics) I'd recognize there is a big "valley of death" problem between the initial discovery and commercial
application which historically has only been filled with military funding, and this is not sustainable.
This level of funding is only a moderately small DOE national laboratory---you're not going to make an enormous difference on its own.
I would consider some exotic but expensive things which require concentrations of funding greater than typical basic-science single investigator
grants, like non-tokamak experimental fusion concepts, modular small nuclear reactors, and experimental gravitation. The last is the real
ultra-longshot. Probability of success is tiny but the consequences are enormous---multiply together and you get something O(1). There are some small
anomalies in gravitation (Tajmar's experiments on superconducting discs) and changes in gravity during a solar eclipse which have not been well
understood. The goal is to look for the possibility of unexpected physics. I wouldn't support high-energy particle experimentation---what matters on
Earth is what happens at lower energies and how to engineer them.
The world's poorest are in need of infrastructure, security, liberty and much much less corruption. This costs much much more than $100 billion.
edit on 16-4-2013 by mbkennel because: (no reason given)
edit on 16-4-2013 by mbkennel because: (no reason
given)
edit on 16-4-2013 by mbkennel because: (no reason given)
edit on 16-4-2013 by mbkennel because: (no reason
given)