Somewhat related to this discussion - it's really worth the one hour: Secret History of Silicon Valley https://www.youtube.com/watch?v=ZTC_RxWN_xo https://www

Somewhat related to this discussion - it's really worth the one hour: Secret History of Silicon Valley https://www.youtube.com/watch?v=ZTC_RxWN_xo https://www.youtube.com/watch?v=ZTC_RxWN_xo TL;DW The foundation for SV was laid during WWII by unrestrained spending (based on a huge amount of debt of course) by the US government on R&D. Private enterprise only came in once the foundation existed.