Well this seems to argue strongly for reviewing old technology proposals at some time interval. I wonder if we could develop some kind of test to apply that would make it easy to gauge whether an in-depth investigation makes sense?
If we could develop such a test, would it be worthwhile to apply it to new ideas immediately as a way to determine their viability and as an indicator of what the criteria would be for coming back to it?
Test is easy: have the inputs become cheaper and/or the outputs become more expensive, compared to alternative technologies? In other words, is it more profitable now?
Well this seems to argue strongly for reviewing old technology proposals at some time interval. I wonder if we could develop some kind of test to apply that would make it easy to gauge whether an in-depth investigation makes sense?
If we could develop such a test, would it be worthwhile to apply it to new ideas immediately as a way to determine their viability and as an indicator of what the criteria would be for coming back to it?
Test is easy: have the inputs become cheaper and/or the outputs become more expensive, compared to alternative technologies? In other words, is it more profitable now?