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Think of a "discovery" as an act that moves the arrival of information from a later point in time to an earlier time. The discovery's value does not equal the value of the information discovered but rather the value of having the information available earlier than it otherwise would have been. A scientist or a mathematician may show great skill by being the first to find a solution that has eluded many others; yet if the problem would soon have been solved anyway, then the work probably has not much benefited the world [unless having a solution even slightly sooner is immensely valuable or enables further important and urgent work].

Nick Bostrom , em Superintelligence: Paths, Dangers, Strategies
discovery science scientific-discovery time-value scientific-work time-value-of-money counterfactual counterfactual-impact counterfactuals high-impact-science time-preference

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