4. I think Michael's claiming society's better off if most scientists/inventors engage in the kind of (lifelong) irrationality in (3)?
8/ Actually, that's not quite right. It's easy after the fact to say "let's have more Geoff Hintons" - he's seen as right!
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9/ What's harder is to say "let's support many people pursuing ideas that don't look as promising as w'ever currently appears most promising
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10/ Of course, there's usually a good reason the fashionable idea is fashionable. It usually _is_ right.
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11/ But there's no reason to think our grant allocation mechanisms allocate money in the right way.
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