In today’s world, private companies rather than the government pay for and conduct most scientific research. Do you think the advantages outweigh disadvantages?

It is now a common phenomenon that private organizations
instead
of
government
Correct article usage
the government
show examples
are pursuing scientific research in various areas of interest.
While
some welcome
this
citing increased efficiency and economical approaches, others contend that
such
sensitive and potentially dangerous technology should not be in control of one single individual organization.
To begin
with, these individual organizations - unlike public ones- are often motivated by profit-making and
thus
a scientific breakthrough made by them will be followed by exploiting it for their
money making
Add a hyphen
money-making
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goals.
This
will in turn make any new products highly expensive and almost inaccessible
for
Change preposition
to
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the common population.
For instance
, if any pharmaceutical company produces medicine for cancer, it will charge a hefty price for
this
life-saving drug and many won't be able to afford it.
Therefore
, it is no surprise that many people suffer without
such
medicines.
Moreover
, there is
also
a possibility of weaponization of
latest
Correct article usage
the latest
show examples
technology by
such
individual firms. Having invested a lot of time and resources in developing these machines, they are highly likely to sell them to the highest bidder.
This
can prove to be disastrous for national security
as well as
global peace and security. Or worse it can fall into the hands of any terrorist organizations.
Thus
, private firms can be highly unreliable and potentially unsafe places.
Nonetheless
, there are some benefits that the privatization of science brings. One of the major benefits is the ack of red-tapism. Unnecessary and time-consuming processes are seldom found in privately owned corporations. They optimize every functional area and deliver results swiftly.
For instance
, Privately owned labs can produce vaccines twice as
faster
Replace the word
fast
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as their government-owned counterparts.
Similarly
, the former achieves the target by using fewer resources than the latter.
To conclude
, there are logical arguments to both sides of the discussion.
However
, I believe that the demerits of technology being misused are too disastrous to be ignored and
therefore
far outweigh the benefits. If these inventions are misused, it will result in another global war.
Submitted by dhyanimaitree on

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task response
Expand on the benefits of private companies conducting scientific research, include examples to support your arguments.
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Topic Vocabulary:
  • groundbreaking technologies
  • efficiently allocate resources
  • innovative projects
  • strict timelines
  • profit motives
  • basic research
  • commercial application
  • corporate funding
  • biases in research
  • unbiased exploration
  • balanced exploration
  • public sector
  • private sector
  • synergy
  • comprehensive outcomes
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