The comment about all the important work in the world being done by private companies was indeed a global comment. You may not realize this, but covid vaccines were made by astrazeneca (UK), BioNTech (Germany), several US companies and others. Defense companies are located in every major economy. Most countries have power systems which are privately owned. Commercial planes are mostly built by one large French company and one large US company. All the large producers of cars around the world are private companies - big ones exist in the US, Japan, various European countries, Korea and China.
Specifically, you are confusing all and some.
A basic education in economics (and manners) might be in order.
Oh, I apologize. I have idiotism allergies.
>"practically all" was the initial statement
Yeah, and my original statement still stands.
Go open a history book or something. Or find out what "N" in "NSF" stands for, or realize that China exist.
My do you have some peculiar ideas.
You were using the NSF budget as a measure of importance of its work.
You also compared it to the GDP, which only makes sense if you think that all work done is equally important. How very socialist of you.
>Add reading comprehension 101 to econ 101 and then it will compute
What you say "computes" only after adding Dunning-Kruger to the mix.
To calculate a %, both the numerator and denominator have to be the same units.
Great, you're simply saying that pretty much all of science has the same importance as 10% of all other work being done. And you consider budget as a measure of output.
All that in the context of a conversation about technological breakthroughs, mind you.
By that metric, someone like Richard Feynman has produced less important work than your average run-of-the-mill engineer with a slightly higher salary.
Did you time-travel here from the USSR? The leadership there had similar ideas back in the day.
This is becoming very entertaining at this point.
Highly recommend, A+++, 10/10.
"Impact is hard to measure, so let's take budget as a proxy" has got to be the hottest take of the year, and yes, I'm aware it's January.