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That was fascinating. And contained some interesting stories relating to the function profit = f(lives_lost)

alhirzel
Especially the part where improved safety tooling (bolts) were used to increase efficiency rather than safety: regulatory dysfunction at its finest. Interestingly, in other regulated areas (such as toxic emissions into the environmental), there are clear echelons regarding what is required such as BPT vs BAT (best practicable vs achievable technology). For the coal mining case, if BAT had been the requirement (and the regulating body had enough teeth to enforce it), Chris's work might have been easier to fund.
FitCodIa
> improved safety tooling (bolts) were used to increase efficiency rather than safety

"And so, amazingly, for the first 20 years of its use, the main effect of the most important lifesaving technology in the history of coal mining was to increase the efficiency of the mines while preserving existing probabilities of death and injury."

To me, this is the hardest-hitting sentence of the entire article.

Be sure to remember this whenever a new achievement in efficiency (power or otherwise) is announced, be it in computing, industry, or transportation. Such advances are rarely aimed at lessening the load on the environment; not at first, anyway. Instead, they are used for extracting more profits, while burdening the environment just the same -- I think "more profits" is the incentive for such research and advances in the first place. I think the EU does it right, by demanding progress via regulations. Whether those directives are issued after the technological advances are reported, or the directives are the motivation for the research, I cannot say; either way, advances can be steered toward public benefits only via regulations.

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