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
Triggerfish - Smarter Every Day 4
[Music] [Rushing waves] Hey, it’s me, Destin. We’re in the Gulf of Mexico and we’re about to go fishing. And I’m gonna beat all these guys at fishing. It’s not gonna happen. It’s not gonna be me. (Destin) Alright ladies, how’re we doing over here? L…
How Much $ You Need To Live Off Dividends (FOREVER)
What’s up? Grandma’s guys here, so let’s talk about how much you really need invested to live entirely off the dividends. I’ve tried just about every passive income idea that you could think of—from side hustles, real estate, intentions, marketing progra…
Worked example: calculating ion charge | High school chemistry | Khan Academy
So we’re asked what is the charge of a calcium ion with 18 electrons. So pause this video and see if you can work that on your own. I will give you a little bit of a tip: a periodic table of elements might be useful to see where calcium sits on that perio…
The Man Who Killed Millions and Saved Billions (Clean Version)
The 1918 Nobel Prize for Chemistry is probably the most important Nobel Prize ever awarded. It was given to German scientist Fritz Haber for solving one of the biggest problems humanity has ever faced. His invention is directly responsible for the lives o…
McCulloch v. Maryland | National Constitution Center | Khan Academy
Hey, this is Kim from Khan Academy, and today we’re learning about McCulloch versus Maryland, a Supreme Court case decided in 1819 that helped to define the relationship between the federal government and the states. The question at issue in this case was…
Kevin O'Leary Talks Hockey
Well, I want to get your thoughts on this breaking news: Brian Burke is no longer the president and general manager of the Toronto Maple Leafs. For full disclosure, I know the man; I respect him a lot. I like his discipline, his focus, and that’s probably…