yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Why There Is No Alternative to Publicly Funded Science Research | Avideh Zakhor | Big Think


2m read
·Nov 3, 2024

They call it "Little Science versus Big Science." So the trend in big science is now, "Okay, wow. We’re going to have a mega-center of $50 million a year going to University of X, and a hundred scientists are all going to be working on this one gigantic project." And examples of those are particle physics experiments where you need a huge amount of capital.

The trend in government funding is more towards more and more big science, and little science is kind of getting ignored. But small science is, you know, individual investigators or scientists thinking about an idea that is very risky. You still don’t know whether it warrants $50 million worth of investment in terms of further scientific inquiry, but a little bit of money could go a long way.

When I visited Capitol Hill I didn’t feel that there was a lot of scientific ignorance going on but more like political ideology as to how government funding and where government funding should be applied. So, for example, when I described the project that we were working on at the time at UC Berkeley that was being commercialized by the Department of Energy into a "real" company, some of the people that we met in Capitol Hill thought that government should not be in the business of funding companies to make products.

They thought that venture capitalists should. And my response to that was, "Well, if you visit run-of-the-mill Sandhill Road venture capitalists in the Bay area, they’re mostly interested in social media kind of companies: 'Who’s going to beat Facebook? Who’s going to be the next Twitter? Who’s going to be the next Linked In? Or who’s going to be the next Google,' which has a huge advertising revenue."

And so there’s two things there: One is, smaller projects that have bigger impact and societal impact kind of get ignored. Also, niche technologies that we can build on for future things will not thrive; they will go away. I mean a lot of the things that we’re reaping the benefit of today are because of the basic scientific research that we funded in the 60s and the 70s and the 80s.

So if they stop doing that kind of funding by the government, after a while we just won’t have anything to build on top of. We’ll just be advertising to each other and connecting with each other on social media. And that’s it. And that’s not where we want to end up.

So there is a role for government in terms of promoting scientific research for both the sake of scientific research and also for commercializing the scientific research. The government is the only entity that can take a slightly longer point of view in terms of these developments. But I think it’s good for that to happen because sometimes good ideas need a little bit of funding before they can become bigger ideas.

More Articles

View All
Conditions for valid confidence intervals | Confidence intervals | AP Statistics | Khan Academy
What we’re going to do in this video is dig a little bit deeper into confidence intervals. In other videos, we compute them; we even interpret them. But here we’re going to make sure that we are making the right assumptions so that we can have confidence …
See Why This Roller Skating Girl Squad Is the First of Its Kind | Short Film Showcase
The thing that I love about Derby is I forget everything around me when I’m playing. Every one of us kind of have nicknames, so my nickname around there be as shiny tiny, because I’m tiny, I’m short, and I had this like bling. Users like shiny tiny, and m…
How Scientists and Citizens Are Protecting Ancient Ruins in Peru | National Geographic
(Slow guitar music) In Peru, it is very common that archaeological sites are surrounded by local communities, villages, towns, where people live usually in the most traditional ways. Pachacamac is a huge archaeological site south of Lima. Around it, we ha…
Having Hip Replacement Surgery: What to Expect
I, I, I need a hip replacement. For 32 years of playing squash, my right hip is killing me. I want to get back in the game. I’ve been avoiding it for two years. I could go anywhere. I could go to Abu Dhabi. I could go to Dubai. I can do anywhere in the Un…
Charlie Munger Just DOUBLED His Alibaba Position!
Well guys, welcome to the new office. I was actually going to leave. I was going to have Sunday’s video be the first one where we’re actually in the office. But of course, right after I recorded that video, we have big breaking news from the one and only …
Properties of the equilibrium constant | Equilibrium | AP Chemistry | Khan Academy
An equilibrium constant has one value for a particular reaction at a certain temperature. For example, for this reaction, we have oxalic acid turning into two H plus ions and the oxalate anion. The equilibrium constant Kc for this reaction is equal to 3.8…