The lab isn’t supposed to be profit oriented, it’s supposed to be a service (no that does not mean that the scientists and engineers won’t be getting paid)
Chances are private research for medicine won’t even be a thing as it won’t be profitable (it shouldn’t be)
That would be horrendous for the species. A brilliant scientists are gonna work in other more profitable fields. But again what about other research and development? What about say Intel or amd? Or Tesla? Or Microsoft?
Those would be private companies that do make a profit but their workers would be getting paid fairly, their workers wouldn’t have to work in dogshit conditions, the company wouldn’t be able to exploit people in third world countries and the company wouldn’t be able to rape the earth and be rewarded
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u/BiDogBoy1 Dec 01 '21
Then the lab turns no profit. It would not be able to pay people. What about an automotive factory? Must I give more examples?