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It stuns me that you think the government doesn't do this. Arpanet, medical research, technological research, the list is endless.
by tunesmith 14y ago
It stuns me that you think the government doesn't do this. Arpanet, medical research, technological research, the list is endless.
- kyllo 14y agoYeah, this is all convex, creative/research work with a small chance of a huge payoff in terms of value creation. Companies focused on quarterly earnings won't invest in this sort of R&D type work anymore, so the government has to.