> Ideally, we’d like to measure the benefit provided by a study to society. We might ask: had this piece of research not been funded, would a given invention have been delayed? If so, for how long? And what was the impact of that on societal welfare? We could also try to estimate intermediate metrics of research usefulness, like whether a given basic research paper will end up being used as input to an application. It is an argument for humility, not epistemic nihilism.
The whole promise of basic science research is that it may be valuable in ways that are immeasurable, or certainly uncapitalizable. One major issue with science is that we're always hoping that it will say more than it should. I would take a more mindfulness-y approach to science. You do science because it is a good end, and if you do it for that reason, good things will come. If you chase "good science" you get the problems we have.