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
REVERSE PSYCHOLOGY | 13 LESSONS on how to use REJECTION to your favor | Marcus Aurelius STOICISM
Have you ever had a door slammed shut in your face only to realize it was the best thing that could have happened to you? Today, we’re going to explore the skill of overcoming rejection head-on, drawing inspiration from the teachings of the stoic philosop…
Setting Rabbit Snares in the Arctic | Life Below Zero
Iriqtaq Hailstone: We grew up following our parents. My parents always took us along with them. So I have that mentality in my head that if I can’t take my kid then don’t go. [peaceful music] Chip Hailstone: He’s a handsome little boy. So cute. Chip Ha…
The Secret City inside of London Revealed
The Great City of London, known for its historical landmarks, modern skyscrapers, ancient markets, and famous bridges. It’s arguably the financial capital of the world and home to over eleven thousand people. Wait, what? Eleven… thousand? That’s right: bu…
Khan Academy Ed Talks with Pedro De Bruyckere - Thursday, November 11
Hello! Welcome to Ed Talks with Khan Academy. I am excited today to talk to Pedro de Broker, and, uh, my apologies in advance for not having the correct Belgian pronunciation of his name. He is an author who has authored a number of books. We’re going to …
Why & How Capitalism Needs to Be Reformed
I see populism as people rising up to reject their leadership. Now, it’s a bad thing. Yes, that they’re not willing to accept the results. I agree with your definition. I agree with your definition. And then also at the same time that that’s happening, t…
TIL: The B in BASE Jump Doesn't Stand for Badass (Amazing Footage) | Today I Learned
So you’ve probably heard of BASE jumping, but do you really know what BASE stands for? It is actually an acronym which represents the four different objects at a base jump. A good leap from a building. This one’s a tricky one because it can involve legal…