Sounds to me like they want to replace the current grant process with something that resembles Google's peer bonus system. Popular sorts will get the lion's share, renegades will get peanuts. And this would compound existing problems in the tenure system wherein the decision to grant you tenure is in part determined by your competitors at other universities. Imagine, for example, if your promotion at Google were in p…
> In my own post-doc experience, I caught a National Academy of Sciences member at Johns Hopkins faking data 20 years ago this year, and he decided to threaten me over it. That's a bold claim. Do you have evidence to support this claim? Or a name? Could you point us to the data set they faked? If others aren't able to reproduce their data (under the same circumstances), that's fraud.
But the reason my own research was never published was that my post-doc advisor demanded my work achieve the same Nobel-prize worthy result that this professor was claiming to have attained. To put that into perspective, imagine if the requirement to submit a machine learning paper to arxiv was building SkyNet. And this was a status quo requirement for publication so researchers tended to make bold claims about doing so, all of which eventually got debunked, and there still hasn't been a Nobel prize for the achievement yet 20+ years later. There has been significant progress though.
The professor went on to complete a long and successful career but the work in question was exposed as bogus shortly thereafter by a competition that was the equivalent of ImageNet for the field. It was yet another example of predicting the training set in an age when people didn't really understand yet why that would be a problem. And it wouldn't have amounted to data fakery except that said professor denied there was any issue whatsoever when I presented counterexamples to the model located by adversarial search and then proceeded to threaten me professionally, paraphrasing: "Your data could take me down, and if that happens, I'm taking you with me."
It's mostly behind me now, but I bring it up in this thread because I don't see how this new model of funding would have prevented this or a myriad of other issues with science funding.