Does Government Science Funding Drive Innovation? (wsj.com)
An anonymous reader writes: In a Wall Street Journal op-ed piece, British businessman and science journalist Matt Ridley argues that basic science research does not lead to technological innovation, and therefore isn't deserving of taxpayer funding. Ridley says, "Increasingly, technology is developing the kind of autonomy that hitherto characterized biological entities. The Stanford economist Brian Arthur argues that technology is self-organizing and can, in effect, reproduce and adapt to its environment. ... The implications of this new way of seeing technology—as an autonomous, evolving entity that continues to progress whoever is in charge—are startling. People are pawns in a process. We ride rather than drive the innovation wave. Technology will find its inventors, rather than vice versa.
Patents and copyright laws grant too much credit and reward to individuals and imply that technology evolves by jerks. Recall that the original rationale for granting patents was not to reward inventors with monopoly profits but to encourage them to share their inventions. ... It follows that there is less need for government to fund science: Industry will do this itself. Having made innovations, it will then pay for research into the principles behind them. Having invented the steam engine, it will pay for thermodynamics."
Patents and copyright laws grant too much credit and reward to individuals and imply that technology evolves by jerks. Recall that the original rationale for granting patents was not to reward inventors with monopoly profits but to encourage them to share their inventions. ... It follows that there is less need for government to fund science: Industry will do this itself. Having made innovations, it will then pay for research into the principles behind them. Having invented the steam engine, it will pay for thermodynamics."
Someone wants to make an argument that government investment into science and technology doesn't lead to anything useful on the internet? There's a lot of great technology we have today due to government investment. Granted they were hoping the research would lead to better ways to kill our enemies or to stop them from killing us, but we've got a lot of civilian use out of government investments into science and technology.
If anything, government needs to be more strict with publicly funded research and ensure that the results end up in the public domain rather than rotting while a patent expires or hidden behind a pay-walled journal.
Typical narrow-minded view of research and knowledge. Not many corporations or private organisations invest in fundamental science research and nowhere hear at the scale and intensity that govt. funded research does. Without fundamental research, you don't have anything to base applied research on, which I guess is what they mean when they call it "innovation."
As for self-organising systems, there's plenty of fundamental research to show just how unpredictable and unstable they are in reality.
Huh. How weird! Every time there's an article about, say, global warming, or efforts to correct imbalances in gender or ethnic representation in the sciences, or health care, there's always a sizable crowd of self-identified libertarians who show up and extol the virtues of unregulated markets and the need to rein in government spending. And now here we are, extending libertarian principles to their natural consequence (ie, taxpayers shouldn't be the ones to fund the sciences, but rather the market), and I see ... a puzzling lack of support for the idea.
It's almost as if taxpayer funding is only wasteful and frivolous if it benefits other people, and "libertarianism" is just a thin rhetorical cover for preserving privilege.
There is an old adage; everyone hates government spending except the government spending they benefit from themselves. In this case, almost every article Matt Ridley writes says how bad state aid is. Except when he was head of a bank himself, when times were tough he went to parliament with his hat in his hand to beg for a taxpayer bailout and suddenly state aid was a great idea: https://en.wikipedia.org/wiki/Matt_Ridley#Northern_Rock
If you want to change Matt Ridley's mind about state spending on research, give him a job in a research lab and watch with wonder as articles praising state aid for research emanate from his greedy mind.
1000s Warcraft Gold while you sleep
Rocketry and Artillery were both developed before Newtons laws of motion
Distilling and Steam Power were both around before thermodynamics
The compass was here long before Maxwell's equations.
The opposite points though are ridiculously easy to make.
No Semiconductor electronics without BCS band theory
No Atomic Power/Radiation therapy without Atomic theory
No Refrigeration without thermodynamics.
It seems the author is trying to make points by framing the debate in overly simplistic terms.
There's nothing left of the WSJ's journalistic integrity. Nothing at all.
This is nothing but a sad attempt to apply "trickle down" economic theory to technology. Sadly for the WSJ, trickle down is thoroughly discredited in economics. This attempt to smear technological innovation with the trickle down brush isn't even plausible. Easy enough to see that these guys didn't get any engineering in their educations. Sigh...
What next? Are they going to try to tell us that corporations are self-regulating? Wait....
"Having made innovations, it will then pay for research into the principles behind them. Having invented the steam engine, it will pay for thermodynamics."
Oh, brother. That's just ridiculous. It was an understanding of thermodynamics (by the physicist Denis Papin) that led to the innovation of the steam engine. They imply that some guy messing around in his basement will "innovate" something and only later will the principles behind it be understood. But it is basic research and the building of mathematical models of the world that lead to inventions. And those steps in basic science are not profitable. Many blind alleys will be followed before a basic advance in science is made. Only a government dedicated to basic research will follow that path for long enough to see solid usable results.
And if occasionally a private company does advance the frontiers of real science, that's great. But I wouldn't count on that for the progress of mankind. I do agree however with the author's premise that patents are abused. Folks have forgotten why we have a patent system. It's not to make money, it's to advance the sciences. Don't believe me? Just read Art. 1, Sec. 8 of the US Constitution.
"He took a duck in the face at 250 knots." -- William Gibson, Pattern Recognition