How tech can earn public trust and why 21st century science needs 21st century funding | Dorothy Chou

What does it take to fund a Nobel Prize-winning idea? Apparently, not a Nobel Prize. AlphaFold solved the shape of 200 million proteins in one shot, a problem that used to take a PhD four years per protein, and biotech investment still fell. Funding isn’t the only problem tech is facing: it has also never been good at talking to the people it builds for. Is that a coincidence?

In this episode, we speak with Dorothy Chou, who ran Google DeepMind's Public Engagement Lab for nine years. She now advises DeepMind and chairs UCLPartners, an organization connecting new technology to the UK's National Health Service. 

We cover:

• What made AlphaFold possible in the first place and how we can replicate its success in other domains
• Why neither venture capital nor governments can fund biology on biology's actual timeline, and Dorothy’s proposed solution
• Why AI could help redirect money the ideas that will actually help people the most, not just the ones that are easiest to fundraise for 
• How AI companies are about to repeat the public engagement mistake the biotech industry already made once
• Her advice for young people who feel like they're not the expert in the room

Chapters:

0:00 Cold open

1:00 Why Dorothy Chou is leaving Google DeepMind after nine years

4:26 How do we actually use AI for good?

6:12 What is DeepMind's public engagement lab?

9:53 The AlphaFold breakthrough, explained

12:37 Why funding science is stuck in the 20th century

15:30 How governments and investors should fund AI for science

19:21 Other AI for science projects worth watching

22:11 What is blended finance for science?

24:44 Is funding for AI-driven science finally picking up?

26:05 What could an AlphaFold moment look like in 10 years?

28:33 Why venture capital and biotech investors don't understand each other

30:08 How AI could level the playing field for science funding

31:43 The fusion project Dorothy wishes more people knew about

33:04 Why public imagination matters as much as public policy

36:06 How do we build more public imagination?

39:11 Advice for people who want to work at this intersection of AI and science

41:11 The best advice Dorothy's ever received

On the Existential Hope Podcast hosts Allison Duettmann and Beatrice Erkers from the Foresight Institute invite scientists, founders, and philosophers for in-depth conversations on positive, high-tech futures.

Full transcript, listed resources, and more: https://www.existentialhope.com/podcasts

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