15 years ago you could argue that venture capital wasn't funding enough advanced tech, so ideas were failing to cross the gap from pure research to commercial development. But lately there's capital available for quantum computers, fusion, synthetic bio, space exploration, asteroid mining, and lots more. The government is going to suck at funding the right things. They should leave tech transfer to private investors, and focus on funding pure science.
> quantum computers, fusion, synthetic bio, space exploration, asteroid mining
Poster children for tech with no realistic commercial prospects. Projects in these fields have been pipe dreams for decades. Where are any commercial products in the areas of fusion reactors? Quantum computers? Asteroid mining operations?
If private investors want to fund this stuff, fine. As long as they don't come seeking bailouts later.
Not only that, but fusion itself is absolutely not what a tech venture capitalist wants to fund. The research horizon for fusion power is in the multiple decades. You're never going to find an investor that says "Yeah, I'll give you enough money to build a fusion reactor and do research for 20+ years in the hopes that you get something workable"
Fusion is literally still in the pure science stage that OP was telling governments to stick too.
>The government is going to suck at funding the right things.
The government is actually really really good at funding the right things. The grant process has been extremely successful in directing funding efficiently towards cutting edge ideas. It does this by handing off the decision making to experts who review proposals rather than having political/profit driven kingmakers.
In contrast corporate/VC money mostly only funds the latest shiny bauble that may result in exit liquidity in a few years. The minority investments in things like fusion are still only applied work and are built on decades of unprofitable basic science.
In other words. Government funding has basically funded every science/tech breakthrough of the last 80 years.
Disagree heartily, the research should be for basic science that's not directly patentable. It should develop the base upon which everything else is built, that's the part of the science that can't get funded through private money. Leave the private money to the parts that can be monetized.
Of course, that's all generalities, sometimes directly monetizable stuff does come out of basic research. But the NFS should focus on basic research, because nobody else will in the US, and if we want to have it here at all, have the practitioners, have the knowledge, and then also reap the economic rewards because we have those people here, we need to fund the basic science that politicians love to mock and criticize.
That would be a crappy trade; today, the public benefits multiple times over as commercialization of technology drives the innovation economy. Who cares about sharing a measly fraction of direct profits when we all get long-term growth of our investment and retirement portfolios at upwards of 10% annually?
In theory, sure. In practice what the taxpayers get in exchange for their taxes is they are buying a better likelihood to not have the IRS drag them to jail or all their shit carried away / seized by feds, and the 'deal' ends there (unless you count whatever power you think you get from voting, LMAO). The taxes and public collection of profits are materially in possession of congress and/or the executive. The public is basically getting dick from that (most of FICA tax goes back to the public though maybe though not as ROI just redistribution so the poors don't riot), the politicians then use their money to bomb girls' schools in Iran or prosecute Amish for having an uninspected slaughterhouse or whatever else gets their sadistic jollies going.
The sooner the public learns that the public coffers aren't theirs, and will never be theirs, the better.
I think it's also a way to reduce funding to universities (which are politically disfavored), since other things like arbitrary reductions to indirect costs didn't work. It also defies both congressional will in the appropriations bill (which is directorate-specific) and of course the whole charter and mandate of NSF, from Vannevar Bush's original case for it.
It’s so weird. Presumably the conservatives still want the US to be a superpower, which presumably includes high-tech capabilities like global power projection, missile defense, and persistent space operations. At the same time they seemingly want a Cultural Revolution-like decimation of intellectuals.
I don’t see how they believe they can attain both objectives at once.
There's at least a subset of them who do not. They want isolationism. Almost a juche sort of mentality. Stop propping up Europe/NATO. "No more foreign wars" was their rallying point. The Iran war really brought them to the surface, a lot of them were very unhappy with the Trump administration about that.
> Presumably the conservatives still want the US to be a superpower,
I used to think that too, but it seems evident the current crop of conservatives is only interested in hurting people they don’t like and funneling money into the pockets of oligarchs. It’s pretty evident now that none of this is being done out of patriotism or a genuine desire to improve America.
But not even. At least in the domain I work in, there is virtually no interest of engaging with these NSF programs. Regardless of what's put in writing in the calls for applicants, there's still a significant prejudice that NSF - by being a part of the government - will be slow and ineffective at administering awards, and therefore it's a waste of time for any agile, fast-moving company.
On the flip-side, my academic colleagues are tearing out their hair trying to get some - any - funding to support their labs. I'm completely inundated with request from colleagues to provide an LOI or some other evidence that our company is interested in working with their lab on something. But that's even _less_ attractive for many private companies!
That seems like typical establishment / reactionary push-back. NSF is spinning up Focused Research Organizations, which are very effective ways of getting basic research done that wouldn't otherwise be funded, and to do so in a way that allows for commercial spin-offs. That's not a handout.
It’s a political revenge move, there’s no strategy toward a better outcome such as AI (however questionable that would be) as that’s not the point of it
The next generation of life-improving technologies will likely come out of AI/robotics trained on high-quality data that hasn't been collected yet. Medical, ecological, resource and waste management, agriculture, home automation, etc.
Scientists are literal pros at identifying and collecting (if not organizing) high-quality data.
This really should be a period of supercharging basic science in recognition of that, not looting it.
Rest assured, this will likely come with no small amount of grift.
The Trump administration has already installed political appointees in America’s federal R&D organizations including the NIH and NSF. They have final say on funding decisions. These appointees override grant peer review and regular agency channels. It’s all part of Russel Vought/Project 2025’s unitary executive theory.
These NSF initiatives could well be the next logical step to channel millions of research funds to politically connected companies and organizations. Something similar happened with the recent Reflecting Pool fiasco where the federal contracts were give to Trump donors.
There’s no reason not to believe this will also happen to America’s federal R&D. Grift aside, there’s no reason either not to believe the funds will be given to Trump administration pet projects of dubious scientific value.
> Rest assured, this will likely come with no small amount of grift.
I naturally expect this money to go to tech companies who have time and time again proven their ability to innovate and thrive in the bleeding edge: basically Oracle.
Please don’t say things which reveal how stupid you are.
Essentially all technological advances today stem from fundamental research.
It’s fine if you don’t want these advances, but then don’t complain when your life expectancy regresses.
> By levying such a large tax on its other programs, the agency appears to be defying a congressional directive in the final FY 2026 appropriations bill that “No [NSF] directorate shall receive more than a 5 percent reduction relative to the fiscal year 2024 enacted level.” That language was meant to address fears by the research community and some legislators that NSF, if its overall budget remained flat, might decide to grow TIP at the expense of its other directorates—a concern that now appears prescient.
What I find so hard to wrangle is that the Trump admin does almost everything in an illegal hamfisted way, whatever their doing gets stricken down by courts, and then a year later we’re just spending time and resources undoing the obviously illegal things they do.
This change even seems like a positive one I wish they should just pass a bill like a normal government.
This is not a positive change. Applied research that makes profits is for industry. Industry will never fund curiosity-driven research in any amount, so the government needs to do it. Redirecting government funding for a function already served by industry is stupid and just another vehicle for corruption.
> Created in 2022, TIP’s mission is to address the decades-old complaint that the agency, traditionally focused on curiosity-driven research with no obvious commercial value, needs to do more to make sure scientific discoveries eventually benefit society—in new jobs and products, improved health care, or a rising standard of living.
This seems like a decent initiative started under Biden’s pro technology/ industrial policy umbrella. It was launched as part of the hugely successful CHIPS act.
Your critique is a false dichotomy. There is a large spectrum between “purely curiosity driven research” and “research that has near term venture outcomes” where applied research lives. Something like the Bell Lans semi conductor and related research would fit into this. Not immediately venture scale focused research, but could lead to it.
Just because Trump is repurposing it for illegal grift doesn’t mean it’s a bad group to put resources into in general.