I'm not a massive fan of Google or Facebook, but both companies invent lots of things. I recall seeing a demo a couple of years ago from someone at Google work

I'm not a massive fan of Google or Facebook, but both companies invent lots of things. I recall seeing a demo a couple of years ago from someone at Google working on stabilising video by aligning all of the frames. The end result is a completely smooth animation of video, with all of the camera shake taken out (at the cost of reduced size of picture). I just noticed that Gopro is selling a camera with those features. I don't know if they are licensing the technology from Google, or if they did it themselves, but like I said, Google is working on stuff like that. For Facebook, React is innovative! It's not rocket science, but it solves a huge number of problems. It's not like AT&T and Xerox were hiring thousands upon thousands of inventors. Xerox was a photocopy company and they pretty much stuck to that (hence their downfall). I don't know exactly how many people worked at PARC, but it wasn't massively huge at any time. AT&T was an evil monopolistic company that also had a good research division. However, the research division was not its main function. You could compare it to Microsoft now (there are incredibly brilliant people working there right now). Trust me, it's not worse than it was before.