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Internet Billionaire Creates Huge Physics Prize
gbrumfiel writes "Billionaire Internet entrepreneur Yuri Milner has spontaneously awarded $3 million prizes to nine prominent theoretical physicists. The new Fundamental Physics Prize dwarfs awards like the Nobel, which this year is estimated to be worth some $1.2 million (and that's before it's split by up to three winners). It's so much money that some theorists fear it could distort the field. Milner says that his only purpose for the new prize was to promote the field, which he studied in the 1980s: 'The intention was to say that science is as important as a shares rating on Wall Street,' he told Nature."
Hrm. I wonder if there is such a thing as a cash singularity. So much cash in one place that it just keeps drawing in cash from around it, past an event horizon, never to be seen again. Oh wait. That totally explains a whole lot of things. Scary.
Someone had to do it.
While one off prizes for fundemental research is nice and all, it doesn't really help the art.
Here's what I would do instead.
I would organize some private organizations around my parent country as a pilot program, with the goal of making expensive lab equipment and utilities available to the researchers, with the goal of driving down the innate costs to perform the research.
"Grant money" is the cancerous vice that kills academia. It makes professors steal the thunder of brilliant students. It makes people distort reeported findings. It stifles controversial findings being published. It kills the bread and butter of real science, which is the repeated testing of published experiments for veracity.
And without it, no research at all would get done.
As a philanthropist seeking to promote science, I wouldn't contribute to the vice of academia in the form of exclusive prizes. I would make research hardware and lab space available for cheap. 1st year chem students and dedicated researchers alike would profit, and science would be much better for it.
Research is expensive. Subsidize it smartly, and make it cheap. Researchers will research everything, instead of cherry picking for grant money. Science will improve.
I would provide equipment and lab/office space like follows:
It is important that the science being done is quality. That means the people using the equipment and lab space need to be competent. University degrees in the field of research, or concurrent university enrollment with passing grades in the field are a basic requirement for application. It won't stop degree holding crackpots getting labspace, but it should keep out most rifraff that think they can violate thermodynamics with magnets and tinfoil.
Academic dishonesty, getting scooped, and predation on academic works are very real and ever-present risks in academia, fundemental research in particular. For that reason, secure and locked offices can be rented for a small fee, comparable to renting a storage unit. They would be fully furnished with a nice desk, several file cabinets, a personal bookshelf, computer equipment, and a laser printer. Disposables like paper and toner are the researcher's responsibility. Internet access would be provided through an aggressive firewall.
The labs themselves would be tiered.
Tier 1 labs would be equipped for basic physics and chemical research. Access to calorimeters, glassware, reagents, force meters and the like are available. These are meant mostly to assist students with homework and independent research within their skill level.
Tier 2 labs would have access to mass spectroscopy equipment, provisions for experimental small scale fusion devices, nanotechnology devices, like AMFs, electron microscopes, etc.
Tier 3 labs have the really fancy toys in them. A small silicon lithograph is available to producing experimental nanotech structures and devices for fundemental research, large contained fusion devices, etc.
Tier 1 would be the bread and butter. Tier 2 would catch most advanced students. Tier 3 would take awhile to fully provide, due to the extreme costs of the equipment, and would be reserved for published researchers only.
It is not meant to replace university equipment; it is meant to suppliment it, and provide a "professor free" environment for independent research for later publication.
I think doing that on a big scale would do way more for science than cash prizes would.