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
15 Experiences That Will Change Your Life & Make You Mentally Stronger
Hey there, Aluer. Now, there are experiences in your life that will pass you by unnoticed at the time, but they go on to define you. One day, you’ll look back and wonder how you ended up here, and you’ll think back to these moments. Sometimes they’re smal…
Calculating change in spending or taxes to close output gaps | AP Macroeconomics | Khan Academy
So we have two different economies depicted here. On the left, we have an economy where its short-run equilibrium output is above its full employment output, and so it has a positive output gap. It might seem like a good thing that your economy is just do…
Divergence notation
So I’ve said that if you have a vector field, a two-dimensional vector field with component functions P and Q, that the divergence of this guy, the divergence of V, which is a scalar-valued function of X and Y, is by definition the partial derivative of P…
Why Ocean Exploration is so Important
The ocean is obviously our biggest and most important natural resource. Consider that it’s twice the size of all continents combined, and it’s almost totally unexplored. It’s thrilling to be able to explore it. So, I’m on a mission to make you excited, m…
What advice do you have for someone wanting to be an entrepreneur?
So, what advice would I have for someone who wants to be an entrepreneur? Everyone’s path is different, so take anything I have to say with a grain of salt. A lot of folks think of entrepreneurship as, “Hey, I have a new idea for a business,” whether it’…
Graphing hundredths from 0 to 0.1 | Math | 4th grade | Khan Academy
Graph 0.04 on the number line. So here we have this number line that goes from 0 to 0.1, or 1⁄10. Between 0 and 1⁄10, we have 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 equal spaces. Each of these spaces represents 1⁄10 of the distance. It’s 1 out of 10 equal spaces,…