In the context of science, this means that if something discovered or hypothesized within science can be transformed into technology, it should be transformed into technology if it can benefit this or that company..
This "if something discovered or hypothesized within science can be transformed into technology" assumption can not be evaluated within the context of science for two reasons:
Firstly, what does "the context of science" mean? Something can be either subject to scientific scrutiny, study or investigation, as long as the concept, object or issue can be translated to scientific criteria. The moment we define what we understand from science, the moment we decide what is scientific and/or what is not scientific, we are capable of saying "this is scientific/science" and "this is not scientific/science". This is not an arbitrary labelling contest; this is not up to individual comments.
In this sense, saying "in the context of science" actually refers to "in the politics of science" or "in the discourse of science". In other way of saying, "the context of science" means using the name "science" to defend and/or reject an issue within an argument/politics.
Secondly, "technological application of science" (transformation of scientific knowledge into technological product) is also belong to political, adventurous, economical or similar any other issue.
Just because of these two reasons, we can also dismiss your following argument:
if it can benefit this or that company. This is simply not necessary, I mean, the application of science does not necessarily benefit only "this or that company". It can be used for non-profit aims. Obviously, if a company develops a technology, it will demand to use this for profit; yet, it doesn't mean that all technological applications comes from companies and all technological applications (based on certain scientific knowledge) will necessarily benefit only companies.
If someone says....
this technology is too dangerous, given the current system of oversight and the revolving door between business and government oversight,
they are told that they are afraid of science, are irrational and that there can be no rational reason to say NO as a society to a technology.
No, if someone says that, this person/group/company will be told to "shut up". Being afraid of science and being afraid of its applications (technology) are simply two different issues. Plus, humans can say "no" to anything they wish on any basis. Forget about a profit driven technological applications, even if nature says that you must suffer because of this or that natural event, illness, restriction, etc. humans can still say "no" and try to find a way to eliminate this obstacle in front of their well being. We call this as "civilization", in terms of its technological capability, in terms of willingness to apply this technology and in terms of socio/cultural/political regimes of the application.
This is raising the process of science ------->technology to a religious status, because to question a certain technology is by definition wrong. No exceptions.
This can only be based on faith.
I agree, anything can be used to support a religious, fanatic or simply a "wrong" idea; and the concept, word or celebrity status of "science" is not an exception, some people will use it for their own purposes. Yet, this does not mean that science gives this material them because of its structure, nature or unavoidable appearance among humans. No, this will happen because humans can push and squeeze anything in order to support their claims. We live in a world where even some religious discourses use "science" in order to support their mumbo jumbo, what do you expect?