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
Jason Silva's Origin Story | Origins: The Journey of Humankind
[music playing] JASON SILVA: I think that I was a restless kid, a very creative but restless kid that wanted answers. So I was afflicted by the bug of question and questioning everything. And that inquiry sent me to beautiful spaces of mind and imaginat…
15 Ways To Boost Your Brain Power
When you’re young, you want to be the smartest kid in class. When you grow up, you want to be the best performer at your job or in business. And when you’re old, you surely want to be a source of wisdom for the new generations. If that’s your goal, you’d …
Writing hypotheses for a significance test about a mean | AP Statistics | Khan Academy
A quality controlled expert at a drink bottling factory took a random sample of bottles from a batch and measured the amount of liquid in each bottle in the sample. The amount in the sample had a mean of 503 milliliters and a standard deviation of 5 milli…
How to Brute Force your way to $1 Million
Let’s get something out of the way: $1 million is not what it used to be. Yeah, it’s not going to be enough to live a lavish lifestyle for the rest of your life, but it will definitely make your life exponentially better than it is right now. Here’s somet…
Carolynn Levy And Panel (Jon Levy, Jason Kwon) - Startup Legal Mechanics
I would like to introduce my colleague Carolyn Levy to my right here, who’s going to talk about startup mechanics, and then with John Levy and Jason Quan they’ll answer some questions about getting your startup started, legal issues. I will point out that…
AP US history long essay example 2 | US History | Khan Academy
So we’re talking about the long essay section on the AP U.S. History exam. In the first video on this essay, we talked about kind of general strategy for how to approach the essay. You’ve got 35 minutes to write it, so I recommend you spend five to ten mi…