AI Tool Analyzes Global Impact of Research Grants
A new AI tool, Funding the Frontier (FtF), has been developed to track the interaction of millions of research grants, papers, and patents, and their impact on science and society.
The tool uses machine learning to map the effects of research funding on various areas, including publications, patents, policies, clinical trials, and news stories.
Could a tool that traces the interaction of millions of grants, papers, patents and their impact help funders make better decisions?
The team behind FtF hopes that it will assist funders and policymakers in making informed decisions, but others are concerned that the system might favor "safe" research.
Author's summary: AI tool analyzes research grants' global impact.
- Billions are invested in research funding worldwide each year.
- The tool provides a comprehensive view of how funding shapes science and society.
- Other kinds of impact, beyond grants and papers, are often underexplored.
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