Rather "why are research institutions not being funded anymore?". Public funded research gave us GPS, GSM, satellites, semiconductors, the Internet, fiber opti

Rather "why are research institutions not being funded anymore?". Public funded research gave us GPS, GSM, satellites, semiconductors, the Internet, fiber optics, LCDs, touchscreens... Today "research" is done with VC money and focuses on ideas like "uber for dog sitters"