Is Elon Musk right in saying most academic papers are useless?

It depends.

However the opinion of Elon Musk is very valid for so called ‘white papers’ used as a foundation of a crypto-currency project.

A ‘white paper’ , a web site and a smart contract is regularly attracting large investments in the crypto area.

Most of these projects can not deliver on the promise of the paper and only have use in token trading.

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