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
This Is The ONLY Video You Need To Watch To Start Your YouTube Channel
You want to start a YouTube channel but you’re lost. There are tons of videos and you’re getting overwhelmed. But don’t worry, I got you, and by the end of this video, you will exactly know where to start, what to do, and how to do it. This is the only vi…
How rapid hair loss changed my life
So I’ve had a lot of comments on the channel over the years being like, “Joey, you should share your hair loss journey,” as if I have some epic tale, a dramatic story arc infused with life lessons, a coming-of-age tale. But in reality, it’s not something …
You’re Not Lazy : How To Force Your Brain To Crave Doing Hard Things
I found myself struggling to stick with the gym, eat healthy, or reduce my alcohol consumption, even though I know it’s good for me and probably what I’m supposed to be doing. For the last 5 to 6 years, I struggled with binge eating and body dysmorphia qu…
Underwater Explosions (Science with Alan Sailer!) - Smarter Every Day 63
Hey, it’s me, Destin. Welcome back to Smarter Every Day! So today, I’m in California, and I have the great privilege of introducing the man, Alan Sailer. Hello, Alan! Sailer is, if you don’t know, one of the best high-speed photographers that currently do…
Startup School 2019 Orientation
Good morning founders! Welcome to Startup School 2019. I’m gonna go over four things in this orientation. I’m gonna introduce you to the Startup School team. I’m gonna introduce you to your fellow classmates/founders. I’m gonna explain how Startup School …
Adding whole numbers by their place values | Math | 4th grade | Khan Academy
What is 19,000 plus 7? To first, let’s think about what are 19,000 and what are 7. Then from there, we can add them. So, 19,000 would quite literally be if we had a thousand 19 times. So, there’s a thousand one time. If we had 1,000 two times, we would h…