You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

SteveG comments on Superintelligence 5: Forms of Superintelligence - Less Wrong Discussion

12 Post author: KatjaGrace 14 October 2014 01:00AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (112)

You are viewing a single comment's thread. Show more comments above.

Comment author: SteveG 15 October 2014 04:00:19AM 1 point [-]

Funding agencies these days fund people who get PhDs.

To get a PhD, 90% of the time you need to generate a meaningful result of some kind within a limited time horizon. Scientists who go big and create nothing do not graduate and do not get funded later.

What some of them do learn to do is to manage several projects at the same time. They diversify, working on some big ideas which may fail, but insuring a steady stream of results by also working through some lesser issues with a higher probability of success.

It's true that you can have a career stringing together nothing but small wins, but contrary to popular belief, the funding agencies (who rely on PhD scientific peer review committees) do fund many "high-risk, high-reward" projects.

In the private sector, for example, drug discovery projects have a vast failure rate but are funded nonetheless. Science funders do understand the biases toward career safety and are trying (imperfectly) to adjust for them.