Comment Re:Good (Score 1) 167
Would you be willing to take a commercial air flight if the failure rate was 25%? 15%? 5%? How many pilots would fly with those failure rates? How many companies would send expensive cargoes with those failure rates?
Would I pay to take a 1/20 risk of death for no benefit other than getting from one place to another? No. Would I take a 1/20 risk for a sufficient reward, sure.
Read about http://en.wikipedia.org/wiki/Klondike_Gold_Rush
About 100,000 people went, 30,000 to 40,000 arrived, 15,000 to 20,000 became prospectors, and no more than 4,000 became rich. The article estimates that it cost about $1,000 to attempt to reach the Klondike, which for 100,000 people represents more money than was extracted in gold in the years of the rush.