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News Technological Advancement and the Allocation of Resources for It

  1. Jul 28, 2009 #1
    This is a debate that I've been reading about fairly continuously - what proportion of resources, in a time of economic struggle, should be devoted to scientific and technological advancement.

    On the one hand, there is the (rather poorly-thought-out) argument that there are other things which need to be taken care of now - shelter, nutrients, jobs, basic **** - before we can devote resources to technology which wouldn't be feasibly adopted until the far future. (Most humans have been noted to be horrible at thinking long-term.)

    The argument which I side with is the fact that scientific and technological development is an important way out of this situation and even if a certain amount of money is diverted away from what can really only be considered short-term but more immediate solutions to the problem, we have to keep moving forward because not to do so would only cause delays in which advances can reach the rest of the world.

    Thoughts?
     
  2. jcsd
  3. Jul 28, 2009 #2

    Astronuc

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    Jobs doing what? It seems for the majority of the population, needs of food and shelter are adequately satisfied. Those who took too much debt during the housing bubble, which burst last year, might be having difficulty meeting needs.

    The industrialized nations are all making advances in technology. China, a developing nation, is making tremendous advances in technology. The under-developed nations, however, cannot afford to acquire technology, especially those facing civil war, or sectarian or tribal violence/war.

    If the 'we' refers to the US, the other industrialized nations do not need what the US produces because they can produce the same, if not better, goods. The developing nations can go to the lowest cost producer, and so the US has competition, but is often not competitive in many markets.
     
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