DeSci Ep. #2: Addressing the Misalignment of Incentives in Science—with Patrick Joyce of ResearchHub
Only 1% of first year PhD students become research professors.
This creates a hypercompetitive environment where scientists will do whatever it takes to get funding, even if that means tweaking statistical analyses to make their findings seem more significant.
But decentralized science is working to address this egregious misalignment of incentives and reward science done the right way.
Patrick Joyce is the Cofounder and COO of ResearchHub, a Reddit-style forum that allows anyone to share, discuss and curate scientific papers—and earn ERC-20 tokens for doing so.
On this episode of Boost VC, Patrick joins us to discuss the misalignment of incentives in science and describe the problem with using bibliometrics to determine who receives funding.
Patrick explains why decentralizing science is so important, exploring how DeSci will increase the adoption of open science practices and accelerate innovation in the space.
Listen in to understand how DeSci can pressure large academic journals to pay content creators for their work and learn how ResearchHub is leveraging Web3 to make capital available to scientists.
Topics Covered
How Patrick defines science
What’s behind the replication crisis in science
Why decentralizing science is important
Patrick’s take on the first breakthrough for DeSci
What drives Patrick’s conviction around DeSci
How ResearchHub rewards quality science
How Patrick builds trust in the scientific community
What success looks like for decentralized science
Why the science incentive structure hasn’t changed
Patrick’s take on what makes publishers the enemy
Patrick’s uniting purpose for the DeSci community
How Patrick defines success for ResearchHub
Connect with Patrick Joyce
ResearchHub https://www.researchhub.com/
ResearchHub on Twitter https://twitter.com/researchhub
ResearchHub on Discord https://discord.com/invite/ZcCYgcnUp5
ResearchHub on Medium https://medium.com/researchhub
ResearchHub on Reddit https://www.reddit.com/r/ResearchHub/
ResearchHub on GitHub https://github.com/ResearchHub
Resources
Brian Armstrong & Patrick Joyce on The Sheekey Science Show https://www.youtube.com/watch?v=1FmhHLPrUIU
Clarivate Analytics https://clarivate.com/
OpenAlex https://openalex.org/
r/medicalstudent https://www.reddit.com/r/medicalstudent/
r/ImmunoPsychiatry https://www.reddit.com/r/ImmunoPsychiatry/
eLife https://elifesciences.org/
Open Science Framework https://www.cos.io/
Nature Neuroscience https://www.nature.com/neuro/
Chris Hill on Boost VC DeSci EP02 https://www.boost.vc/podcast
Authorea https://www.authorea.com/
F1000Research https://f1000research.com/
Sci-Hub https://sci-hub.se/
Stack Overflow https://stackoverflow.com/
Hindawi https://www.hindawi.com/
MetaMask https://metamask.io/
Fast Grants https://fastgrants.org/
Kaggle https://www.kaggle.com/
Connect with Boost VC
Boost VC Website https://www.boost.vc/
Boost VC on Facebook https://www.facebook.com/boostvc/
Boost VC on Twitter https://twitter.com/BoostVC
Boost VC on Instagram https://www.instagram.com/boost_vc/
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