Eric S. Lander, president of the Broad Institute of MIT and Harvard University and Eric Schmidt, executive chairman of Alphabet, the parent company of Google, write about the importance of basic science.
“It’s the reason the United States is the global hub for the technologies of the future: self-driving cars, genome editing, artificial intelligence, cancer immunotherapy, quantum computers and more.”
“While investing in basic research typically doesn’t make sense for a business, it has been a winning strategy for our nation. For 60 years, the federal government has invested roughly a penny on each dollar in the federal budget into research at universities and research centers. In turn, these institutions have produced a torrent of discoveries and trained generations of scientific talent, fueling new companies and spawning new jobs.”