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SUMMARY:Synchrotron Radiation : A Trillion Dollar Enterprise
DTSTART;VALUE=DATE-TIME:20260608T181500Z
DTEND;VALUE=DATE-TIME:20260608T184500Z
DTSTAMP;VALUE=DATE-TIME:20260606T091336Z
UID:indico-contribution-10352@events.saip.org.za
DESCRIPTION:Speakers: Giorgio Margaritondo (Ecole Polytechnique Fédérale
  de Lausanne (EPFL) and Istituto Italiano di Tecnologia (IIT))\nThe promot
 ion of synchrotron radiation and in particular of new facilities often req
 uires presentations to broad audiences\, illustrating the benefits from it
 s use. However\, such presentations systematically encounter a problem: id
 entifying good arguments to demonstrate the practical and financial benefi
 ts\, in addition to the scientific ones. Until recently\, one could not fi
 nd reliable and detailed quantitative information\, and it was necessary t
 o make only qualitative statements with limited impact. \n\nHowever\, this
  situation has been changed by a new and unique event: the COVID pandemics
 . Which stimulated sophisticated estimates of its financial impact by emin
 ent economy experts. Such estimates also provide a solid background to eva
 luate the financial benefits from the use of synchrotron sources. In essen
 ce\, synchrotron radiation crystallography was essential for the quick ide
 ntification of the COVID virus structure\, which allowed the timely develo
 pment of vaccines. Thus\, by analyzing the effects of the vaccines one can
  evaluate\, in particular\, the mitigation of the financial losses from th
 e pandemics. Which also correspond to the financial benefits from synchrot
 ron radiation activities. The results are absolutely astonishing\, reveali
 ng that such activities are one of the most profitable enterprises of all 
 times. \n\nTheir benefits are not millions nor billions\, but reach severa
 l trillions dollars\, beating even the companies with the largest revenues
  in the world such as Amazon\, Walmart and Apple\,. And reaching an outsta
 nding benefit/cost ratio. These realities\, of course\, boost the effectiv
 eness of the promotion of existing and new facilities.\n\nhttps://events.s
 aip.org.za/event/274/contributions/10352/
LOCATION:
URL:https://events.saip.org.za/event/274/contributions/10352/
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