Gertler: Lessons from Canada’s Nobel Prize win, and why capping graduate students will harm our economy

Smart to advocate for graduate students:

…What broader lessons can we learn from this experience? First, the importance of investing in curiosity-driven research over the long haul. In the 1980s, Dr. Hinton’s research was considered highly speculative and unproven. Only after decades of perseverance in developing the core models and following the advent of very large datasets and sufficiently powerful computing, did the full potential of his work become apparent.

Second, the importance of welcoming talented newcomers to Canada. Many of the protagonists in this story came from abroad. They were drawn here by research opportunities and funding. Many were also attracted by Canada’s openness and its inclusive society and cities. For example, Dr. Urtasun has spoken openly of her “love for and pride in” Canada as one of the key motivations to establish and grow Waabi in Toronto.

Moreover, as Dr. Hinton has recently emphasized, leading scholars must attract the best and brightest graduate students and postdocs to advance their research enterprise. In this light, the decision to limit the recruitment of international PhD and masters students will have profoundly damaging consequences for Canada’s long-run economic prospects.

As Canada contemplates its chronic productivity challenges and its distinctive place in an increasingly turbulent world, we would do well to learn from these lessons. Long-term investments in curiosity-driven research, an open society that welcomes newcomers and smart immigration policy that accentuates rather than depletes Canada’s talent advantage are key to our future prosperity.

Source: Lessons from Canada’s Nobel Prize win, and why capping graduate students will harm our economy