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At this point is the US that needs to rethink funding if it wants to continue to be competitive. The US funding for universities has been frozen (adjusted for i
by coliveira 2y ago
At this point is the US that needs to rethink funding if it wants to continue to be competitive. The US funding for universities has been frozen (adjusted for inflation) for the last 20 years. It was enough when the rest of the world invested much less in science. But nowadays China is moving faster while US funding is still the same. Giving money to tech companies is not a substitute, because they only care about short term gains.
- Hammershaft 2y agoIt's ridiculous that returns on public basic research have been so great and yet funding has been so neglected. The chips act was a small positive step.
- coliveira 2y agoThis was the biggest change I expected from Biden, however it seems that giving hundreds of billions to big companies is the priority, instead of supporting national research institutions.
- melagonster 2y agoI want to point out that money is not the only reason why Samsung and TSMC accept this idea. Political reasons should play an important role here, too.
- epicureanideal 2y agoWe can also improve the efficiency of allocation of existing funds.
- deleted 2y ago[deleted]