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Innovating For The Long Term
Scientists studying data from Mars recently found that the red planet may have oceans worth of water embedded in its crust in addition to the ice caps at its poles. The finding is significant because, if we are ever to build a colony there, we will need access to water to sustain life and, eventually, to terraform the planet.
While it’s become fashionable for people to lament short-term thinking and “quarterly capitalism,” it’s worth noting that there are a lot of people working on — and a not insignificant amount of money invested in — colonizing another world. Many dedicate entire careers to a goal they do not expect to be achieved in their lifetime.
The truth is that there is no shortage of organizations that are willing to invest for the long-term. In fact, nascent technologies which are unlikely to pay off for years are still able to attract significant investment. The challenge is to come up with a vision that is compelling enough to inspire others, while still being practical enough that you can still make it happen.
The Road To A Miracle Vaccine
When the FDA announced that it was granting an emergency use authorization for Covid-19 vaccines, everybody was amazed at how quickly they were developed. That sense of wonder only increased when it was revealed that they were designed in a mere…