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by hackunomatter 3324 days ago
FTA:

> Collectively, the five are among the biggest investors in research and development on the planet. According to their earnings reports, they are on track to spend more than $60 billion this year on research and development. By comparison, in 2015, the United States federal government spent about $67 billion on all nondefense-related scientific research.

That's depressing. On the other hand, DARPA has been the force behind a lot of advancements: the Internet, self-driving cars, etc.