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Any accidental policy that disincentivizes R&D is stupid, but par for the course in recent history for the U.S. Major materials innovations are discovered here

Any accidental policy that disincentivizes R&D is stupid, but par for the course in recent history for the U.S. Major materials innovations are discovered here, but the only nations that want to actually invest and build upon them are currently in Asia. The argument was that the US wants to transition away from building things towards building software which is more profitable, and then this... This is what happens when a monoculture of business/law/finance-thinking takes over political leadership.

PaulDavisThe1st 3y ago
> Any accidental policy that disincentivizes R&D is stupid The problem with section 174 is not that it disincentivizes R&D. These rules were already in place for R&D spending, and were generally welcomed by companies with actual R&D expenditures. The problem with section 174 is that it essentially forces ALL expenditure on software development to be treated like R&D.
georgeburdell 3y ago
Being formerly in the materials industry at an individual contributor level, I think Asia’s preponderance of materials development firms is less about what the U.S. incentivizes and more about how poor the quality of life is for the engineers compared to what they could be doing. Asian engineers will put up with a lot more B.S. than Americans, and they have low birth rates to show for it.