Earlier quoted context omitted.
This is exactly my point. There is something rotten in the research labs where society is not getting return on investment for basic research. If the goal is to just produce researchers that can work at corporate research labs, then I feel we could get more bang for the buck. If the goal is to do move research in the public good, something needs to change. Maybe it’s the fact there’s too little money out there, and i…
The problem is that people in academia and outside of it were saying the same thing in the 70s, 80s, 90s, 00's ... so if you really want to make the claim that "society is not getting return on investment for basic research" , you need to claim with a straight face that this also applies to the last 50 years of academic basic research (at least). Alternatively, explain what has changed and when.
https://www.jamesgmartin.center/2020/01/the-intellectual-and...
But lots of other things have also changed that may or may not be causes:
- many fewer tenure track positions
- many more jobs in industry that require or value a 4 year or advanced degree
- obtaining a college degree as a right of passage seen as increasingly essential to you g adulthood
- the rise of data science: more jobs in industry that have access to lots of data and demand scientific rigor
- the rise of private cloud supercomputing (is deep mind) vs, say, a public university's cluster
- the obsession in some foreign countries of getting advanced degrees from American universities, creating essentially a guest visa workforce that is easily abused
- rise of Big Tech which has money to throw at things like protein folding