The way science is funded today is broken.

Released my 10th podcast:

It's about:

- How we fund 🧫 science today
- Why grants process is wasteful
- Using (partial) lotteries to fund science
1/ Writing grant proposals for raising funds takes a significant amount of time and, unlike papers, they aren't published in journals or valued for their scientific contribution.
2/ With grant rates now in single digits in many fields, scientists are spending more time raising funds than doing actual science.

Is there a better way?
3/ Kevin Gross, professor at @NCState, urges us to explore alternative ways of funding science.

One such suggestion is using partial lotteries to award grants which, according to the models he's built, generate more scientific output for the society than current methods.
4/ Here's what we cover in 1 hour interview.
5/ My favorite bit is at the end.

Why should we care about how science is funded?

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Paras Chopra

Paras Chopra Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @paraschopra

1 Apr
You've heard of AI. But have you ever heard of IA?

🚀🚀

Today, at @VWO, we're announcing a big shakeup of the A/B testing industry.

(a thread about our breakthrough innovation)
1/ Our mission to help marketing and product teams reduce the effort required for figuring what works best for their business

In 2010 we pioneered the DIY visual editor for business teams for editing webpages and creating their variations for A/B tests without involving IT teams Image
2/ That innovation cut the effort to launch an A/B test from weeks to hours

But, as anyone who has run an A/B test knows, you still have to wait for weeks in order to start getting statistical significant results about which version is better.

Can we cut that wait time too?
Read 28 tweets
23 Mar
The week rule to prevent failure.

(a thread on this mental model)

🎊 It's the 13th chapter of my book: invertedpassion.com/the-week-rule-…
1/ Entrepreneurs are always in a hurry. They want the product to be out so that they can get customer feedback sooner.

This hurry is understandable yet misguided because it prioritizes getting the idea out in front of customers over everything else.
2/ The initial excitement about an idea can easily lead to months of wasted development effort.

Imagine discovering major flaws in pricing, distribution, design, or market *after* all that effort.
Read 15 tweets
16 Mar
Can an economy keep on 📈 growing?

(a thread)
1/ Imagine an economy that keeps on growing indefinitely.

It's essentially a non-zero-sum economy - as the pie becomes bigger, *everyone* becomes better as even a small percentage of a really large number is substantial.
2/ A capitalistic economy is a fantastic invention - entrepreneurs compete to give consumers more value cheaply.

Markets create incentives for innovation, and innovation helps the world become richer as over time more and more human desires are satisfied.
Read 56 tweets
11 Mar
How did language evolve?

(a tiny thread)

Also, it's my 8th podcast:
1/ I interviewed Micheal Corballis who is a professor at the University of Auckland.

He backs up the idea that languages evolved gradually and some version of it existed much before Homo Sapiens arrived on the scene.

🤯 Mind-blowing, isn't it?

Watch it:
2/ We cover a lot of ground in this interview.

With just 1 hour of investment, you'll get to 💡 learn all this.

Some of my key insights follow below in the 🧵 thread.
Read 16 tweets
3 Mar
Ever heard of meta-science?

I interviewed @profjamesevans on:

- how 🧪 science happens
- why small teams do big scientific breakthroughs
- similarities between startups and 🔭 scientific endeavors
- what research shows about the path to success

1/ @profjamesevans is the Director of Knowledge Lab, and faculty at the Sociology department at the University of Chicago.

He uses machine learning to understand how scientists think and collectively produce knowledge.

Watch the entire podcast here:
2/ Here's all the topics we cover in this interview:
Read 55 tweets
1 Mar
Been thinking about computationalism - that our universe is a computer and/or that we're in a simulation.

There seems to be a contradiction in the argument (below).

Can someone help answer?
Since a simulation of water doesn't wet anything or simulation of a black hole doesn't create a black hole, why do we believe that a simulation of consciousness will itself be conscious?

If a simulation can't be conscious, is computationalism false?
In other words:

I get that consciousness can be a property of certain arrangement of physical systems, but what I don't get is how it can be property of certain computations (since the same computation can be implemented in many ways - microchips, pulleys, vacuum tubes, etc.)
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!