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
Extinct Sloth Fossils Discovered In Underwater Cave | National Geographic
[Music] We don’t know how the sloths ended up in the cave. Our working hypothesis is that the sloth entered the cave in order to look for water, uh, and died in those positions. Then what happened was water level then rose, submerging the sloth remains, p…
Homemade FLAMETHROWER: Mind Blow 6
A tree that bleeds, and if less than 10 of your asparagus contains beetle eggs, it’s good to eat. Vsauce, Kevin here; this is mind blow! Many claim Castlevania 2: Simon’s Quest is the first game to feature multiple endings, which would be true, except for…
Evicting Tenants - My Thoughts
What’s up, guys? It’s Graham here. So I want to take a moment to talk about something serious. Whether or not this affects you, I think this is something worth knowing about and discussing further. That would be the upcoming wave of evictions and mortgag…
Ask Mr. Wonderful #1 | Kevin O'Leary answers your business questions
[Music] So I’m gonna ask your Instagram questions. We’re going to go right down the list. Ready? We’re sitting on the set of Shark Tank Season eleven being taped right now. First question: How long does it take to actually tape a whole season? Well, basi…
Meet Kim, one of the creators of Khan Academy's AP US History lessons
I’ve been working on the U.S. history content here for more than two years now, and we have a team of experts who’ve been in the classroom for many years who have advanced degrees in U.S. history, who really rigorously write, tape, and edit each other’s w…
Stalin: a real atheist
This is pawn. Um, this is a message for YouTube Christians, especially those who like to point to the evils of atheism. So, I have atheism in common with some of the most murderous dictators of the 20th century, and I hope I can explain why that doesn’t b…