You ask yourself what the startup craze does to research. Back then, all the big companies had their Central Research Department (note: Microsoft, Google and Fa

You ask yourself what the startup craze does to research. Back then, all the big companies had their Central Research Department (note: Microsoft, Google and Facebook still do), which would do stuff that paid off only after 20 or 30 years. Nowadays development has been devolved to universities, and much stuff is done at contract labs somewhere far away. The average startup is a webapp with Twitter for cats. That can't be good in the long run.