Major new report from the White House Office of Science and Technology Policy. Five things in the report I really liked:

1. Proposes metascience units as a way to advance experimentation in science agencies. IFP recommended OSTP take this forward in our response to a 2025 RFI.

2. Advocates for a portfolio approach to federal science funding. Right now, basic research funding largely goes to incremental, project-based grants. While important, they can’t be the only mechanism we use to fund science.

3. Recognizes the need to launch new institutions. It specifically highlights X-Labs as an experiment with independent labs that can take on ambitious challenges. This is a bipartisan idea whose time has come.

4. Focuses on a mix of innovation funding mechanisms, including fast grants, prizes & challenges, and advance market commitments. We described and contextualized these ideas in the Atlas of Innovation, which can help policymakers design and implement these approaches.

5. Seeks to reduce burden for American scientists, who face mountains of paperwork. Scientists should spend more time doing science and less time writing/reporting on grant proposals and working to meet regulatory requirements.

Here is the link, here is the report itself, Michael Kratsios, Science a New Golden Age.   Overall, less money will be given to universities and more will be spent on AI-assisted science.