In the Realm of the Barely Feasible with Arati Prabhakar [Idea Machines #37]

In this conversation I talk to the Amazing Arati Prabhakar about using Solutions R&D to tackle big societal problems, gaps in the innovation ecosystem, DARPA, and more.

Arati’s career has covered almost every corner of the innovation ecosystem - she’s done basically every role at - DARPA she was a program manager, started their Microelectronics Technology Office, and several years later returned to server as its Director. She was also the director of the National Institute of Standards and Technology and was a venture capitalist at US venture partners. Now she’s launching Actuate - a non-profit leveraging the ARPA model to go after some of the biggest problems in American society.

Links

Actuate Website

In the Realm of the Barely Feasible - Arati's Article about Actuate and Solutions R&D

Arati on Wikipedia 

Transcript

[00:00:00] welcome to idea machines. I'm your host and Reinhart. And this podcast is a deep dive into the systems and people that bring innovations from glimmers in someone's eye, all the way to tools, processes, and ideas that can shift paradigms. We see these systems outputs everywhere, but what's inside the black boxes with guests.

I dig below the surface into crucial, but often unspoken questions. To explore themes of how we enable innovations today and how we could do it better tomorrow.

In this conversation, I talked to the amazing RFE provoca about using solutions R and D tackle, big societal problems, gaps in the innovation ecosystem, DARPA and more. Are these career has covered almost every corner of the innovation ecosystem. She's done almost every job at DARPA where she was a program manager, started their micro electronics technology office. And several years later returned serve as their [00:01:00] director.

She was also the director at the national Institute of standards and technology and a venture capitalist at us venture partners. Now she's launching actuate a nonprofit leveraging the ARPA model to go after some of the biggest problems in American society. Hope you enjoy my conversation with Arthur. Provoca. 

I'd love to start off and sort of frame this for everybody is with a quote from your article, which, which everybody should read and which I will link to in the show notes. You say yet, we lack a systemic understanding of how to nurture the sort of rich ecosystem we need to confront the societal changes facing us.

Now over 75 years, the federal government has dramatically increased supportive research and universities and national labs have built layers of incentives and deep culture for the research role. Companies have honed their ability to develop products in markets, shifting away from doing their own fundamental research in established industries, American venture capital and entrepreneurship have supercharged the startup pathway for commercialization in some [00:02:00] sectors, but we haven't yet put enough energy into understanding the bigger space where policy finance and the market meet to scale component ideas into the kind of deep and wide innovations that can solve big previously intractable problems in society.

These sorts of problems, aren't aligned to tangible market opportunities or to the missions of established government R and D organizations today, the philanthropic sector can play a pivotal role by taking the early risk of trying new methods for R and D and developing initial examples that governments and markets can adopt and ramp up the hypothesis behind actuate is that solutions R and D can be a starting place for cataly