You have NO idea what you are talking about.
There ARE venture capitalists out there who would definitely want this stuff squelched. There are companies developing some very high-tech therapies right now in the areas of cancer cell destruction. A couple of former colleagues of mine are involved in such ventures. Two years ago, one of them told me he’s working on something “way out there” and said he’d let me know when he has something concrete to give me. The suspense has been killing me because I know what he’s already done in this area.
If this inventor’s stuff proves out, the investors in these companies will lose everything and that’s money in the high millions.
In the long run, you cannot suppress innovation. If this man did indeed have a complete cure for all types of cancer, it’s value would exceed the value of all current remedies. Even if he was in it only for the money, no company producing today’s cancer drugs would have even close to the amount of money needed to buy him off. VC’s would be counting their previous cancer cure investments as sunk costs and pursuing the development of his ideas. The second to last paragraph raised my suspicions also.
I think there's a middle ground here.
You have a point, I can see VC's or Big Pharm (or Big Radiation or Big Chemo or whoever) wanting to buy it out if it's promising research. But not to "squelch" it, to profit from it!
Once they bought it, why wouldn't they go ahead and develop it (if it really works)? they'd be the only firm doing it instead of just one among N firms doing radiation equipment (or whatever).
Or if it doesn't really have a chance of working, why would they fear it in the first place? let it lie in the dustbin of history along with cold fusion.
That's what smells sort of paranoid about the concern. It's like saying that companies both want profits and don't want them: they want profits so much they'd buy him out to squelch his super-advanced super-promising technique so they could keep profiting less off their outdated technique.
Huh??!
Do you have any examples of that ever happening. As far as I can tell, the idea that corporations are able to squelch breakthrough innovations is a fantasy of the left. Maybe that is because ever since Prometheus, the gods have had a very hard time containing human ingenuity.
And if they "bought out" this amazing cancer cure, they'd make money in the high billions. Which is the statement makes no sense, and sets of my BS detector.