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Yeah because it’s either a socipath billionaire or a dusty garage hobbyist. Nothing in between.
At the very least, the garage hobbyist has more chance to be a more ethical person.
One of the common arguments I hear against technological advancement is “but what if some sociopath brews up a pandemic virus in their garage!”
The FDA is monitoring the corporations that are working on this sort of thing. As is mentioned in the title of this thread.