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Should we defund academia?

Go to https://ground.news/sabine to get 40% Off the Vantage plan and see through sensationalized reporting. Stay fully informed on events around the world with Ground News. In this video I explain why I think that academia will be mostly defunded in the coming decades. In a nutshell it’s because it’s for all practical purposes a planned economy and extremely inefficient. I go through the most common arguments for academia and explain why they all fail. I am not sure whether this will be a good or a bad thing. I guess time will tell. 00:00 Intro 00:44 The Problem with Academia 01:43 Why Now? 05:48 Common Arguments for Academia and Why They’re Wrong 06:28 1: The Long-Term Argument 08:18 2. The You-Never-Know Argument 09:55 3. The No-Profit Argument 11:47 4. The But-It-Takes-an-Expert Argument 12:37 5. The There-Wouldn’t-Have-Been Argument 13:45 The Underlying Problem 18:51 A Prediction 20:04 Epilogue 🤓 Check out my new quiz app ➜ http://quizwithit.com/ 💌 Support me on Donorbox ➜ https://donorbox.org/swtg 📝 Transcripts and written news on Substack ➜ https://sciencewtg.substack.com/ 👉 Transcript with links to references on Patreon ➜   / sabine   📩 Free weekly science newsletter ➜ https://sabinehossenfelder.com/newsle... 👂 Audio only podcast ➜ https://open.spotify.com/show/0MkNfXl... 🔗 Join this channel to get access to perks ➜    / @sabinehossenfelder   🖼️ On instagram ➜   / sciencewtg   #science #academia