There are many different field of research in the academic world, but there is a large disparity in how "valuable" different areas are perceived to be in terms of societal impact. Why the disparity?

Is this difference in perceived value due to bias that most people have against things they don't understand? Or is the perception justified due to different standards of rigor and approach to find answers to problems in different fields (talking about quantifiable differences in quality between fields, not political opinions)?

Or is it primarily economic, where fields that do not produce a "profitable" product (i.e. patents, start-up companies, new drugs, tech workers, etc.) are seen as less valuable simply because they do not "make money" immediately?

NO political discussion please

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