Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (740205)	9/18/2013 11:44:13 AM
From: i-node	Read Replies (1) \| Respond to of 1572924

That's fair enough. Gates Foundation, for example, is doing some innovation as a non-profit and those innovations will likely have fairly radical positive effects for world health. But I think my point largely holds: It is the potential for profits that drives the improvements in health care that happen day-to-day and which make people's lives better. He mentioned Jonas Salk, and even then Salk was heralded as an outlier for essentially contributing his work to science. These things are few and far between. And as you point out, even if you were to stumble onto the science at zero cost, the cost to then bring it to market is immense such that if you want it help people there has to be a substantial profit motive to make it happen. Perhaps Chris wants to have a non-profit health care system, but I'll take one based on profit any day of the week.