Looking for LHC cost-benefit analysis video online

AI Thread Summary
The discussion centers around a video that analyzes the costs of constructing the Large Hadron Collider (LHC) against its educational and technological benefits, including the production of PhDs and spin-off technologies. There is skepticism about the ability to quantify the value of these benefits, as many argue that predicting future applications and technologies is inherently uncertain. The conversation highlights the significant return on investment from technologies like MRI, suggesting that the benefits of the LHC may far exceed its costs over time. Questions are raised about the validity of measuring such impacts and the overall purpose of the program discussing these metrics.
mikeph
Messages
1,229
Reaction score
18
If you've seen it, you'll know the one I'm referring to. It basically adds up the costs of labour and construction of the LHC, and compares it to the value in terms of education, PhDs produced, spin-off technologies, and multiplier effects.

I can't find it anywhere on youtube or TED but I'm sure it should be on one of them.

Thanks for any help.
 
Physics news on Phys.org
Don't know about a video but as far as I'm concerned if they run it for another 100 years
the return on investment will still be outweighed by a few orders of magnitude
by MRI technology alone.
 
It would be interesting to see how the video takes possible future applications into account which cannot be seen today.
 
I don't understand how anyone can work out:
"the value in terms of education, PhDs produced, spin-off technologies, and multiplier effects."
Surely any such system is arbitary?

How do you know what spin off technologies it would produce, or the eventual value of research? When the guy invented lasers they told him they were useless.

What is the actual point of such a television programme?
 

Thread 'Predictions for the Nobel Prize in Physics 2025'

Similar to the 2024 thread, here I start the 2025 thread. As always it is getting increasingly difficult to predict, so I will make a list based on other article predictions. You can also leave your prediction here. Here are the predictions of 2024 that did not make it: Peter Shor, David Deutsch and all the rest of the quantum computing community (various sources) Pablo Jarrillo Herrero, Allan McDonald and Rafi Bistritzer for magic angle in twisted graphene (various sources) Christoph...
View full post »
Thread 'My experience as a hostage'

Thread 'My experience as a hostage'

I believe it was the summer of 2001 that I made a trip to Peru for my work. I was a private contractor doing automation engineering and programming for various companies, including Frito Lay. Frito had purchased a snack food plant near Lima, Peru, and sent me down to oversee the upgrades to the systems and the startup. Peru was still suffering the ills of a recent civil war and I knew it was dicey, but the money was too good to pass up. It was a long trip to Lima; about 14 hours of airtime...
View full post »

Similar threads

Is YouTube Responsible For Creating Flat-Earth Believers?
2
Replies
86
Views
11K
Anyone familiar with OCZ's Neural Impulse Actuator?
Replies
1
Views
4K
Idea for an internal scanner using natural radioactivity
Replies
3
Views
5K
Focus all of your ire on me, if you would
Replies
4
Views
2K
What are Joe's interests and goals as a new member and citizen scientist?
Replies
2
Views
983
Confidence in FEA stress values?
Replies
9
Views
3K
Smart Phones And The Flynn Effect
2
Replies
51
Views
5K
I B -> s µµ decays: Current status
Replies
49
Views
12K
ME Looking to transition to EE, Go for BS or MS?
Replies
10
Views
3K
What was the cost of a Soviet high school math textbook in 1976?
Replies
13
Views
11K

Hot Threads

Recent Insights

Back
Top