There seem to be parallels with academia here. In fact, what she is describing is the academic grant-giving method: Fund a million independent ideas, profit fro

There seem to be parallels with academia here. In fact, what she is describing is the academic grant-giving method: Fund a million independent ideas, profit from a few. I suppose that method trickled down from academics to policy, and now it's become the current world economic plan. The problem is that this model is not guaranteed optimal. In academia, centralized big projects have sometimes reaped great rewards.