this post was submitted on 09 Feb 2024
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The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea.

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[–] iopq@lemmy.world 21 points 2 years ago (5 children)

It's a capitalist company that funded him to go to Florida and bought him the machine to do his work.

Where do you think he would get the 3 million the company gave him? It's the company that spent that money to bet on innovation and they got a return on investment

Capitalism never chooses the best path, but neither does any other system. We haven't invented a perfect system, and it's probably impossible. Sounds like a strange critique since we'll never reach perfection

[–] rbits@lemm.ee 13 points 2 years ago (1 children)

And then capitalism that made the company repeatedly ask for him to stop researching it.

[–] iopq@lemmy.world 9 points 2 years ago

It's the opinion of one person at the company. Under socialism there are also people who decide which research deserves funding.

[–] nintendiator@feddit.cl 12 points 2 years ago (1 children)

Capitalism never chooses the best path, but neither does any other system. We haven’t invented a perfect system, and it’s probably impossible. Sounds like a strange critique since we’ll never reach perfection

Just because nothing is perfect doesn't mean we can't call out stuff for not being it. Sounds like a strange critique since we're supposed to improve on things.

[–] iopq@lemmy.world 3 points 2 years ago (1 children)

Yes, but in any system some guy will decide which research is important. And that guy can't possibly make correct decisions every time.

I don't see a way to improve on it

[–] nintendiator@feddit.cl 2 points 2 years ago (1 children)

And that guy can’t possibly make correct decisions every time.

Doesn't matter. What matters is that they make correct decisions oftener than before.

And the way to improve on it is clear: do more of that, with peer review.

Come on this is not news, this is how progress has worked in the last [checks smudgy writing] 4600 years.

[–] iopq@lemmy.world 2 points 2 years ago

Then invest in a company that is structured that way, there's no actual constraint on how a company is organized in capitalism

[–] Blue_Morpho@lemmy.world 12 points 2 years ago (1 children)

Where do you think he would get the 3 million the company gave him?

As the story describes, it was the founder who was acting emotionally that funded him. It was no different than a noble patronage of someone like DaVinci in medieval times. When the capitalist son in law took over, he was cut off. It was only Japanese culture from Japan's pre-capitalist era that saved his job.

[–] iopq@lemmy.world 4 points 2 years ago

The founder was acting in the company's interest, that's why you fund research.

He was actually not cut off either, he wasn't fired when he continued his research despite being told not to. He still received a salary and was able to use the equipment purchased with company funds

[–] Cethin@lemmy.zip 5 points 2 years ago

You're right that nothing is perfect. How does that make critique invalid though?

Capitalism prioritizes profit. That's it. We can imagine systems that prioritize any number of things; public welfare, innovation, creativity, equality, etc. Nothing will be perfect, but I'd say any goal is better than the selfish goal of profit seeking. Do you disagree?