Comment by AlotOfReading
8 hours ago
Reminds me of Michelson's (of Michelson-Morley) famous statement in 1900 that all of physics had essentially already been discovered, so the only remaining work was to apply what was known to new experiments. Similar statements were made about chemistry after Mendeleev and history after the cold war.
I didn't claim you wouldn't discover things in pure math that would decades later turn out to be useful in other fields. I'm sure you would. My claim was that the ROI is lower compared to applied math, which matters when funding is limited.