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
When disaster strikes: Explorer Albert Lin nearly gets crushed by falling boulder
Oh my God. [bleep] [bleep] Are you alright there? Are you okay? Please, can you bring me that first aid kit immediately. [bleep] That was terrifying. [bleep] Hell, that was [bleep] terrifying. Pardon my French. Holy [bleep]. [bleep] That was- That was a h…
TAOISM | The Philosophy Of Flow
That which offers no resistance, overcomes the hardest substances. That which offers no resistance can enter where there is no space. Few in the world can comprehend the teaching without words, or understand the value of non-action. — Lao Tzu There’s no…
How to sell a $90,000,000 private jet 😳
You have a budget in your mind for this first airplane. I can go all the way up to 80, 90 million, and I really like the G Stream product. G7 and G. You’re my guy! I definitely can. 62 million is the new one; 10 years old is 36 million. Let’s say you get…
Fossils and rock layers | The geosphere | Middle school Earth and space science | Khan Academy
Have you ever wanted to travel back in time? Would you go meet your younger self? Would you go and ride a dinosaur, or would you meticulously create a timeline of the earth’s 4.6 billion year long history based on major geological events? Even though geo…
My 3 Step Guide to Quickly Screen Stocks
Hey guys, welcome back to the channel. In this video, we’re going to be talking about a simple three-step method that I personally use in order to quickly screen stocks. So, we’re not thinking about, you know, potentially making an investment just yet. W…
SURPRISE VLOG: Las Vegas
Okay, enough of that. This is not going to be a cinematic vlog here; I’m just showing you what I’ve been up to lately and right now. I need to get from London to Las Vegas and back again in 72 hours. This is guaranteed to be a jet lag disaster. But I have…