Discussion about this post

User's avatar
Bryan Welm's avatar

Hi Erik, the information you provide about NIH indirects is incorrect. The indirects are not taken out of the funds that pay for the research, they are separate and pay for the infrastructure that supports the research. For example, if I propose a study that costs 1 million for the research (direct costs), the university receives an additional 500,000 to pay for the infrastructural and administrative costs (indirect costs) that support the research. Capping indirect costs at 15% will require universities to immediately fire staff since the change affects funds that have already been budgeted for the remainder of this fiscal year. The impact is not just on Ivy League schools, it’s on all universities (state and private) that support NIH research.

Expand full comment
jsb's avatar

The possibility that the AI wrote research papers at a PhD level is only possible is Cowen has terrible PhD students. My prior on that is insanely low.

Expand full comment
27 more comments...

No posts