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The US puts 2.79% of its GDP towards research. It's arguable this should be increased, but ~$550b is an impressive figure in any case. It would be interesting t
by why_only_15 6y ago
The US puts 2.79% of its GDP towards research. It's arguable this should be increased, but ~$550b is an impressive figure in any case. It would be interesting to see what exactly is included in this figure and how much of that is 'basic' etc.
- sytelus 6y agoExactly. A very little of it is basic and vast majority of it simply usual development projects that you have to do anyway. This is similer to big tech who oftne claims massive expenditure in "R&D" but R part typically gets 1% and D part gets 99%. For reference NSF is less than $8B, a chump change for US GDP of $18T.