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
Meditation | The Powerful Effects Of Cleaning
Krishnamurthy said that you cannot reach a meditative state when your living environment is not in perfect order. This is debatable, of course, especially if you read the stoic work Meditations, in which Marcus Aurelius states that we can take refuge in o…
Arctic Geese Chicks Jump Off Cliff to Survive | Hostile Planet
[Narrator] Spring has arrived here early. (serene music) (wind rustling) And that’s bad news for the barnacle geese that breed in these mountains. Many nests have failed, but not this one. (contemplative music) (goslings chirping) Three chicks, they’re lu…
Hindu scripture overview | World History | Khan Academy
As we’ve mentioned in previous videos, Hinduism is a very diverse religion with many different practices and even different beliefs. But there is a core centered around scripture, and the most important of these texts are the Vedas. Now, the word Veda lit…
Probably not.
Should I be spending money to market my free app? The answer is no. You should not be spending money to acquire users for your free app. It’s going to make a bunch of numbers go up, and all of those numbers are going to go back down. You will find yoursel…
How do Cashews Grow?? - Smarter Every Day 44
Hey, it’s me Destin, welcome to Smarter Every Day. Have you ever just sat down and taken a really close look at nuts? I’ve been doing that for the last few minutes, and I’ve come up with some pretty interesting observations. I mean, cashews and peanuts ha…
Verifying inverse functions by composition: not inverse | High School Math | Khan Academy
[Voiceover] Let’s say that f of x is equal to two x minus three, and g of x, g of x is equal to 1⁄2 x plus three. What I wanna do in this video is evaluate what f of g of x is, and then I wanna evaluate what g of f of x is. So first, I wanna evaluate f of…