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
TRUE Limits Of Humanity – The Final Border We Will Never Cross
Is there a border we will never cross? Are there places we will never reach no matter how hard we try? It turns out there are. Even with sci-fi technology, we are trapped in a limited pocket of the universe and the finite stuff within it. How much univers…
Warren Buffett is BUYING! Pharmaceuticals in, banks out? (Berkshire Q3 13F)
So last quarter, Warren Buffett certainly, uh, shocked a lot of us with the sheer amount of selling that he did from his portfolio. I remember he sold out of seven positions entirely, which is very unlike Warren Buffett. Four of those positions were the b…
You're Wasting Time : How to Actually Grow Your YouTube Channel With a 9-5
You’re probably juggling a 9 to 5, family, or other responsibilities. Wonder if it’s even possible to grow on YouTube with just 1 hour a day? I completely get it because I personally spent 4 years failing at it. Then, after years of trial and error, somet…
Jamestown - life and labor in the Chesapeake
When last we left our English colonists at Jamestown, things were finally starting to go their way. Lord Delaware had successfully led English forces in their war of extinction against the nearby Algonquin Tribe, the Powhatans. John Rolfe had discovered t…
There’s a Bear in My Backyard | Podcast | Overheard at National Geographic
Foreign. It seemed to be happening everywhere this past summer. North of Boston, this is a very popular bear in Wilmington, popping up out of hedges and onto lawns. Near Saint Paul, Minnesota, in the video, you can see kids jumping off the playground equi…
Chicken Powered Steadicam vs Kid cam
All right, let’s start. Your camera is now recording. Let’s start the chicken’s camera. Say hello to the chicken. Hello, chicken. Say hello, chicken. Hello, chicken. All right, a couple years ago, I made a video called “Chicken Head Tracking.” Well, tod…