I mean I won’t put MY money in to Helion. From whatever I’ve read it’s not that simple for Helion to get their reactor to work and even if they did it likely won’t produce meaningful net power. But let’s see.
Of course you shouldn't unless you have billions lying dedicated for leaving your legacy. It is a semi moonshot semi charity project, I don't think even investors would disagree with this. Similar to what OpenAI was like 4 years ago when it raised $1B as a non profit.
Well as a small investor there's no way to get in really. But if they sold shares at a modest valuation I'd give it a punt.
I mean I kind of agree that the microsoft thing is probably a bit of a stunt give that I think they haven't generated any net electrical output at all yet. But I think they have a reasonable chance of getting it working at some point.
Having watched a short documentary on ITER it seems like an incredible waste. A bunch of mismanagement and bureaucratic nonsense. As an American, it seemed like exactly what we would expect from a Euro-based project.
By the time any actual work can be done at ITER, won't the technology have progressed beyond they design they are trying to test?
This is one of those all too common misunderstandings of how engineering works. There's some idea that once designs and theory are done, that engineering is some kind of straight forward act of stamp collecting and that the best thing is always to wait until the problems are worked out on paper before we start to build.
But in fact the engineering itself is exploratory. And often times, to understand something, you just have to start building.
That's what ITER is about. When the project started, we had gone about as far as theory and design could take us. You can see the same thing with other unproven fusion designs getting underway as well including the one at Lawrence Livermore.
Right... But given how quickly our understanding is evolving on how we can create fusion, did it make sense to take on a project this big and settle on a specific design type?
I don't think that was the case when ITER was conceived or started. The flood of fusion news we see is relatively recent.
And to be perfectly frank, a lot of it bursts onto the scene with sensational claims, never to be heard from again. At the end of ITER, there will be a thing. And probably, it will do most of what it was projected to do. We can't say the same for almost any of these other advances, compelling as they may sound.
Lastly, I'll point out this. "Breakthroughs" are rarely made in isolation. Are you so sure that without the billions that have gone into Lawrence Livermore, ITER and such that these other "breakthroughs" would even be happening? If there is no market for nuclear engineers, there will be fewer nuclear engineers. There's fewer people to bounce ideas off of and peer review your work. There's fewer people to come up with the small innovations that add up to a big result. There's fewer colleagues to get you that next gig where your team might beat a hard problem.
The numbers don’t seem out of this world to me, and it’s probably smarter money than what we are throwing at ITER given time to market.