4 ms·
Bell Labs like orgs can only exist within companies that are protected by a rock solid moat (ie ATT monopoly)
by pratik661 2y ago
Bell Labs like orgs can only exist within companies that are protected by a rock solid moat (ie ATT monopoly)
- bayarearefugee 2y agoThey could exist with government funding but "socialism bad hurr durr"
- inglor_cz 2y agoFrom across the pond, no they don't, even if the government redistributes much more money from the GDP. Government funding tends to have a problem with bureaucratic overreach, the need to persuade committees mostly composed of old ossified has-beens, and the need to produce papers at any cost to "prove" you are not slacking off. France redistributes over 50 per cent of domestic GDP. It has some scientific successes (as measured, say, by Nobel Prizes), but not dramatically more than other comparably developed countries.
- quantum_state 2y agoKinda of agree. There are some research places funded by private donation, such as Simons Foundation. Wonder if those are properly managed to attract the right people ...
- spaceguillotine 2y agoand a ton of government cash doesn't hurt either. Post war science boom was nearly all funded from government grants that have mostly dried up and are extinct under Trump, its why America started falling behind post Reagan.
- dv_dt 2y agoAnd a willingness to allow open ended exploration of wide of problems, combined with putting together all kinds of experts. Plenty of companies have this moat now but aren't willing to leave thins as open ended. Sadly our academic institutions and how they are funded by the govt is also hyper focused with grants and goals required to "prevent waste" and require specific results - serving as blinders to wifer ranging exploitation
- Spooky23 2y agoAnd those loosey goosey accountants. Modern companies are under much tighter control.