Payoff Quotes (3 quotes)
I like to do high-risk and high-payoff kind of research. And I had a gut feeling that MIT was a cool place to be with people who are fearless.
It is the constant attempt in this country [Canada] to make fundamental science responsive to the marketplace. Because technology needs science, it is tempting to require that scientific projects be justified in terms of the worth of the technology they can be expected to generate. The effect of applying this criterion is, however, to restrict science to developed fields where the links to technology are most evident. By continually looking for a short-term payoff we disqualify the sort of science that … attempts to answer fundamental questions, and, having answered them, suggests fundamentally new approaches in the realm of applications.
We should willingly take risks in supporting new projects. The tendency is to play it safe when funding is low, but we need to remember that the greatest risks have the greatest payoffs.