Which Futuristic Technology Should Receive a €1 Billion EU Funding Prize?

  • Thread starter Ryan_m_b
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In summary, the European Union's "Future Emerging Technologies" program is currently holding a competition to award a €1,000,000,000 funding prize to innovative projects. The six finalists are the FuturICT Knowledge Accelerator and Crisis-Relief System, Graphene, Guardian Angels, HBP, ITFoM, and RoboCom. Some believe that the funding should be used for pre-cooled jet engine research or split into smaller grants for medical research. Others think that ITFoM and RoboCom may not be widely used, while HBP and Guardian Angels are ambitious projects. FuturICT is a project for an Earth simulator, while graphene has potential in various fields. Overall, opinions are divided on which project deserves

Which program would you vote for?

  • FuturICT

    Votes: 0 0.0%
  • Graphene

    Votes: 3 50.0%
  • Guardian Angels

    Votes: 0 0.0%
  • HBP

    Votes: 0 0.0%
  • ITFoM

    Votes: 1 16.7%
  • RoboCom

    Votes: 0 0.0%
  • Other (specify what and why)

    Votes: 2 33.3%

  • Total voters
    6
  • #1
Ryan_m_b
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The European Union's "Future Emerging Technologies" program sees innovative technologies enter into a competition to win a €1,000,000,000 funding prize! The six finalists are up, which one do you think deserves the funding and why?

Here are some brief discriptions;

The FuturICT Knowledge Accelerator and Crisis-Relief System: Unleashing the Power of Information for a Sustainable Future
--A project aiming to create a virtual Earth capable of predicting calamities that may befall us and providing a platform to test how certain policies would affect the world.

Graphene: Science and Technology for ICT and Beyond
--An investment in the "material of the future" for use in electronics, spintronics, photonics, plasmonics and mechanics.

Guardian Angels: For a Smarter Planet
--A project aiming to develop autonomous and intelligent programs that will be integrated into our infrastructure and lives to make life easier and safer.

HBP: Human Brain Project
--Hoping to simulate the human brain at all levels this project aims to provide insights into how our minds work, supply treatments for neurodegenerative diseases and greatly advance the field of artificial intelligence.

ITFoM: The Medicine of the Future: IT Future of Medicine: a revolution in healthcare
--Utilising extensive databases of human biochemical pathways, tissues and disease combined with new analytical equipment this project hopes to streamline personalised medicine by comparing data from a patient to that of a database to construct effective nad efficient healthcare.

RoboCom: Companions for Citizens
--By developing artificial intelligence and robotics technology this project aims to make intelligent robots an integrated part of everyday life.

A BBC report on the program can be seen here and the FET website (with descriptions of the projects and links to their websites) found here
 
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  • #2
I chose other. How about spending the money on pre-cooled jet engine R&D, which doesn't get enough funding? From what has been done so far, the concept seems promising enough.

Another choice that I thought of is to split the money up into smaller grants for medical research, such as resarch into tissue engineering, anti-cancer tech., and improved imaging/tests. These are things which may improve people's health in more important ways than HBP or ITFoM would.

ITFoM and RoboCom seem like even if they were successful in producing something that might be useful, people might not use it.

HBP seems alright but pretty ambitious.

Guardian Angels seems a bit silly. Do you really think people would buy clothes that will measure their vital signs any time in the near future? What's wrong with exisiting traffic and pollen sensors?

FuturICT is a project for an Earth simulator, and is not something that will produce a new tech that will be used in the world on a wider scale. Problably, this project would entail spending most of the money on supercomputers, which is not a horrible choice, but things like this already exist, right?

Graphene research may have more merit than the rest but my priorities lie elsewhere.
 
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  • #3
I voted for other. A study of the adverse effects of beer, potato chips and sedentary habits on middle-aged men. I figure the grant will cover the beer bill anyway.
 
  • #4
I think FuturICT would be brilliant if it could be pulled off (reminds me of Isaac Asimov's books featuring "psychohistory") but it seems a bit too science fiction. The weather is hard enough to predict let alone the entire Earth + human society.

ITFoM and HBP both seem feasible.

GA and RoboCom seem very blue sky, both require huge breakthroughs in AI.

On that basis I would have to vote graphene, it may be less blue sky but it already has proof-of-principle and promises some remarkable advances in a variety of fields. If I had to go "other" I would either go for investment in European wide 4G or even 5G systems or like MisterX would invest in Skylon.
 
  • #5


I would carefully evaluate each of the six projects and their potential impact on society, technology, and scientific advancement before making a decision on which one to fund. Each project has its own unique goals and objectives, and it is important to consider the potential benefits and drawbacks of each.

After reviewing the brief descriptions provided, I believe that the HBP: Human Brain Project would be a worthy recipient of the €1,000,000,000 funding prize. Simulating the human brain at all levels has the potential to revolutionize our understanding of the brain and its functions. This could lead to breakthroughs in treating neurological diseases and advancing the field of artificial intelligence. Additionally, the HBP has the potential to contribute to personalized medicine, which could greatly improve healthcare for individuals.

However, I would also consider the potential societal impact of the Guardian Angels project, which aims to develop autonomous and intelligent programs to make life easier and safer. This could have a significant impact on improving the quality of life for individuals and communities.

Ultimately, the decision on which project to fund would depend on a thorough evaluation of each project's goals, potential impact, and feasibility. It would also be important to consider the current state of research and technology in each field and how the funding could be used to make significant progress.
 

1. What criteria do you use to determine which project to fund?

As a scientist, I use a combination of factors to determine which project to fund. These include the potential impact of the research, the feasibility of the project, the qualifications and track record of the researchers, and the availability of funding.

2. How do you ensure that the funds are used efficiently and effectively?

I ensure efficient and effective use of funds by setting clear goals and timelines for the project, regularly monitoring the progress and budget, and conducting thorough evaluations of the project's outcomes. I also prioritize transparency and accountability in all aspects of the funding process.

3. What types of projects are typically funded?

The types of projects that are typically funded vary depending on the funding source and research priorities. However, in general, projects that show potential for significant scientific advancement, have clear objectives and methodology, and align with the funding organization's goals and values are more likely to receive funding.

4. How do you balance funding for established researchers versus early-career scientists?

Balancing funding for established researchers and early-career scientists is an important consideration. I typically take into account the qualifications and track record of the researchers, the potential impact of the project, and the availability of other funding sources. I also prioritize diversity and inclusivity in the selection process to ensure a fair and equitable distribution of funding.

5. Can researchers reapply for funding if their project is not initially selected?

Yes, researchers can reapply for funding if their project is not initially selected. However, I encourage researchers to carefully consider the feedback and suggestions provided during the initial application process and make necessary improvements before reapplying. This increases the chances of the project being funded in the future.

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