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patrickc's profile
Patrick Collison
Patrick Collison
Patrick Collison
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@patrickc

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Patrick CollisonVerified account

@patrickc

Fallibilist, optimist. Stripe CEO.

patrick@stripe.com
patrickcollison.com
Joined April 2007

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    1. brogram_ hasn’t left the house in a long time‏ @brogram_ May 6
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      Replying to @roybahat

      Skip to 42:00 to see why this isn’t exactly true. cc @patrickc @Noahpinionhttps://youtu.be/Avqi1HeRlCQ 

      2 replies 0 retweets 2 likes
    2. Roy Bahat .‾ ‾‏Verified account @roybahat May 6
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      Replying to @brogram_ @patrickc @Noahpinion

      Unsure which part it challenges? The Progress Studies argument is a strong one. I don't think it suggests that it is good we are spending less, as a pct of GDP, on science than before? We can want both for science to be more effective at discovery and to fund more science.

      1 reply 0 retweets 1 like
    3. brogram_ hasn’t left the house in a long time‏ @brogram_ May 6
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      Replying to @roybahat @patrickc @Noahpinion

      While spending as a pct of gdp might be going down, that’s not relevant to the direction of the returns on spending using absolute terms. It’s important to be careful throwing money at a problem that wasn’t caused by a lack of money, which is the case here.

      3 replies 0 retweets 1 like
    4. Roy Bahat .‾ ‾‏Verified account @roybahat May 6
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      Replying to @brogram_ @patrickc @Noahpinion

      I have yet to hear "lack of money isn't the problem." Maybe I missed that part. One successful funding structure doesn't mean the whole rest of it is broken? I mean, correlation effects, only fits some types of research, etc. The system can be better AND is underfunded.

      1 reply 0 retweets 3 likes
    5. Patrick Collison‏Verified account @patrickc May 7
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      Replying to @roybahat @brogram_ @Noahpinion

      I’m generally supportive of more funding for science in principle but I *would* say that lack of money is not the primary problem today and that the marginal returns to additional funding would be (have been!) slight.

      1 reply 0 retweets 16 likes
    6. Roy Bahat .‾ ‾‏Verified account @roybahat May 7
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      Replying to @patrickc @brogram_ @Noahpinion

      What would you say is the #1 action our society should take? (Or does that require more study before we know?)

      2 replies 0 retweets 1 like
    7. Patrick Collison‏Verified account @patrickc May 7
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      Replying to @roybahat @brogram_ @Noahpinion

      Break up NIH and NSF into 10+ bodies with fully independent approaches. Every 5-10 years, reassess their budgets. Hegemonic monoculture today very pernicious.

      12 replies 3 retweets 53 likes
    8. Thomas G. Dietterich‏ @tdietterich May 8
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      Replying to @patrickc @roybahat and

      Both NIH and NSF are bottom-up organizations. Scientists propose the research directions and panels of scientists decide which ones to fund. This is not a monoculture

      2 replies 0 retweets 3 likes
    9. Patrick Collison‏Verified account @patrickc May 8
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      Replying to @tdietterich @roybahat and

      The structure itself is the monoculture.

      1 reply 0 retweets 4 likes
    10. Thomas G. Dietterich‏ @tdietterich May 8
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      Replying to @patrickc @roybahat and

      But if the structure does not determine research directions, does it matter? Isn't it like the CPU that any program can run on?

      2 replies 0 retweets 1 like
      Patrick Collison‏Verified account @patrickc May 8
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      Replying to @tdietterich @roybahat and

      Yes, because it's nowhere close to being fully general (like a CPU). The mechanism of study sections is very different to hypothetical alternative mechanism where independent agents can of own volition give $5M to a lab.

      8:33 AM - 8 May 2020
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      • Manjari Narayan
      1 reply 0 retweets 2 likes
        1. New conversation
        2. Patrick Collison‏Verified account @patrickc May 8
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          Replying to @patrickc @tdietterich and

          I'm not saying that one is a priori better than the other. Just that the NIH (or NSF) embody definite mechanisms that incentivize certain things and discourage others.

          1 reply 0 retweets 0 likes
        3. Patrick Collison‏Verified account @patrickc May 8
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          Replying to @patrickc @tdietterich and

          You're a scientist and I'm not, so feel free to push back or tell me I'm totally wrong :-). But my POV is informed by dozens of conversations with practicing scientists and also senior managers at NIH/NSF.

          1 reply 0 retweets 1 like
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