To: Ilaine who wrote (35706 ) 4/23/1999 9:29:00 AM From: nihil Respond to of 108807
Maybe you and yours went to really bad colleges and didn't meet the real thing but Joan was perhaps too generous is say "any ...worth his salt." There are lots of really bad guys with Ph.D.s running around loose. I am working on a business plan for a start up with a D.M.D.(doctor minus dissertation) who has some of the most important fundamental patents I have ever read. I think their potential value ranges into the billions. One of these ideas he presented as his Ph.D. research project in one of the hottest areas of modern research. His (chemistry) committee refused to approve the project because they couldn't understand his theoretical physics. The new class of compounds he predicted were discovered empirically (just screwing around in the lab with government money) at another university and published in the right journal. His professor and his university tried to steal his ideas and patent them illegally (only the inventor can patent) and refused to grant him his doctorate. It surprises me that more graduate students don't go postal, but the fact remains that our open entrepreneurial business community provides another kind of review. There is an immense amount of scientific fraud that is rejected by the referral process or isn't even tried by it. The patent process, as you know, is no guarantee that anything works as described or predicted. PTMO won't issue a patent on perpetual motion, but may perhaps allow a patent on an extremely efficient machine. Silk Road is an interesting thread to examine for fraud. It walks like a duck. It quacks like a duck. We only need to see what it tastes like with orange sauce to decide if it is a fraud. But somewhere mixed in with the frauds there are some great ideas. They, like the frauds, are desperate for funds. Things are exaggerated, and scientists are forced to turn into promoters and hustlers. Cold fusion comes to mind. Breeder reactors come to mind. Ocean-Thermal Energy Conversion, Bio-energy, Airships, Sailing ships, PowerPC, Merced, K-7, masses of new technology representing the hopes and dreams of researchers and capitalists have to run the risks of the market. The academic market place is gentler and has a different definition of truth. Eventually the false hypothesis is rejected. Eventually the unrejected hypothesis is subjected to critical tests that it survives and becomes part of the accepted (not yet rejected) body of truth on sufferance.