In the first half of the XXth century, there were relatively few scientists, and these scientists were generally not lavishly funded. Yet it has been convincingly argued that these scientists were massively more productive. We face a major replication crisiswhere important results in fields such as psychology and medicine cannot be reproduced independently. Academic researchers routinely fail to even fill out the results from clinical trials. We have entered a ‘dark age’ where we are mostly stagnant. It is not that there is no progress per se, but progress is slow, uncommon and expensive.
Why might that be? I believe that it has to do with important ‘negative incentives’ that we have introduced. In effect, we have made scientists less productive. We probably did so through several means, but two effects are probably important: the widespread introduction of research competitions and the addition of extrinsic motivations.