"new technology tends to be developed by people trying to make their fortunes." Please don't buy into the propaganda. I think you are confusing invention with

"new technology tends to be developed by people trying to make their fortunes." Please don't buy into the propaganda. I think you are confusing invention with smart packaging and marketing what was already developed. None of the technology we see today were bootstrapped by individuals or private investors. As a counter argument I will direct you to this talk. http://www.ted.com/talks/mariana_mazzucato_government_investor_risk_taker_innovator http://www.ted.com/talks/mariana_mazzucato_government_invest...