The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea.

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4 points

Yes, but in any system some guy will decide which research is important. And that guy can’t possibly make correct decisions every time.

I don’t see a way to improve on it

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2 points

And that guy can’t possibly make correct decisions every time.

Doesn’t matter. What matters is that they make correct decisions oftener than before.

And the way to improve on it is clear: do more of that, with peer review.

Come on this is not news, this is how progress has worked in the last [checks smudgy writing] 4600 years.

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2 points

Then invest in a company that is structured that way, there’s no actual constraint on how a company is organized in capitalism

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