Put a price on the value of one work unit? Tax deductible?
Posted: Sat Nov 05, 2011 6:58 pm
It's great that a large number of people, groups and companies provide their computing power for free to Folding@home's very worthy cause.
Some corporations, like investment banks, are very (overly) security conscious and typically won't run Folding@home or anything else that's not absolutely necessary for the running of the company. I work for a global investment bank; the amount of redundant computing power we have across our thousands of desktops and servers is immense.
These types of corporations are not going to take it upon themselves to think through and change their procedures so that they can comfortably donate their redundant capacity, and a little extra electricity, to charity without there being a serious financial incentive in place. I'm sure that these corporations would actually really love to donate the capacity; it would look great for their social responsibility stats; they just need a really big push to do so.
One way of providing a short term financial push would be by governments through the tax system. The government would benefit by furthering their country's high-tech credentials. A country with a mobilized grid of computers is more valuable than a country with computers sitting there idly.
It's important to recognise that the value of processing a Folding@home work unit is more than just the electricity. If Folding@home were to buy work units from cloud providers such as Amazon EC2 then there would be an associated cost. CPUs aren't free.
What if these corporations could write down the *actual cost* of providing the service as tax deductible? That's a strong financial motivation for my company, and companies like it with huge redundant computing capacity to mobilise that capacity and generate a significant tax saving. Writing down the cost of the electricity against tax is small in comparison to writing down the cost of providing the work-unit service.
So, my questions to you are:
* What do you think of my outlook on this? Do you think companies would respond to such a push? Do you think governments would care? (I'm optimistic that my company and my government [United Kingdom] would respond)
* Can anyone at Folding@home take up the challenge of providing a $ cost-per-work-unit or some other more sensible, measurable value?
Some corporations, like investment banks, are very (overly) security conscious and typically won't run Folding@home or anything else that's not absolutely necessary for the running of the company. I work for a global investment bank; the amount of redundant computing power we have across our thousands of desktops and servers is immense.
These types of corporations are not going to take it upon themselves to think through and change their procedures so that they can comfortably donate their redundant capacity, and a little extra electricity, to charity without there being a serious financial incentive in place. I'm sure that these corporations would actually really love to donate the capacity; it would look great for their social responsibility stats; they just need a really big push to do so.
One way of providing a short term financial push would be by governments through the tax system. The government would benefit by furthering their country's high-tech credentials. A country with a mobilized grid of computers is more valuable than a country with computers sitting there idly.
It's important to recognise that the value of processing a Folding@home work unit is more than just the electricity. If Folding@home were to buy work units from cloud providers such as Amazon EC2 then there would be an associated cost. CPUs aren't free.
What if these corporations could write down the *actual cost* of providing the service as tax deductible? That's a strong financial motivation for my company, and companies like it with huge redundant computing capacity to mobilise that capacity and generate a significant tax saving. Writing down the cost of the electricity against tax is small in comparison to writing down the cost of providing the work-unit service.
So, my questions to you are:
* What do you think of my outlook on this? Do you think companies would respond to such a push? Do you think governments would care? (I'm optimistic that my company and my government [United Kingdom] would respond)
* Can anyone at Folding@home take up the challenge of providing a $ cost-per-work-unit or some other more sensible, measurable value?