You’re right, those bright, talented kids will just give up and quit their careers because US government funding has been reduced for research in their field. It’s so sad that the only way innovation can happen is if it’s funded by the government.
Just yesterday, I had a conversation with an MD/PhD at one of the major teaching hospitals in Boston. There is a lot of uncertainty right now - a lot of funding has already been lost, and there are real risks around more funding being lost in the future (just as one example, the administration's plans to limit reimbursement rates will cost the Boston area teaching hospitals hundreds of millions a year in research funding - the plans are currently on hold pending a court case). There are also risks around visas - many researchers are on visas. She has scaled back some of her planned research. She's concerned about bringing on grad students and postdocs - if she starts a multiyear project for a grad student and then loses funding in the middle, or they lose their visa, that would be devastating for that person's career, and for the research project.
Your comment is intended as sarcastic, but what you are describing is 100% happening. Industry does not fund a lot of the education and early-career work of scientists doing basic research. Most of those PhDs are funded through federal grants. Fewer grants and more uncertainty means fewer opportunities for young people to go into the field, which means fewer people choosing to go into the field.
The government doesn’t just “fund innovation” — it creates the fertile ground where it can happen at all. It also bankrolls the unprofitable, high-risk research the private sector can’t or won’t touch. Cut that, and you’re ripping out the roots, not just trimming a branch.
Government bankrolls innovation? What are you talking about? This has never been true and isn’t true currently.
At best all government can do is get out of the way so that private actors can solve problems and innovate. At worst it strangles innovators through higher taxes and more stringent regulation.
Look at the light bulb, locomotive engine, airplane, etc. Government involvement in major innovations is almost always peripheral.
> It’s so sad that the only way innovation can happen is if it’s funded by the government.
Governments fund a massive percentage of the foundational work that is necessary for productizable innovations, that precedes it by decades. Private companies rarely fund this type of work.
Take AI. All of the current models are descendants of the work of Geoff Hinton. He labored for decades in academic obscurity, when AI was a punchline. It was only after these decades of government support did he get a result interesting enough for Google to hire him.
There are countless other examples like this, lithium batteries, GPS, the Internet. GLP-1 drugs came from the study of gila monsters.
