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by friedsdeirf 2775 days ago
A lot of you are dissing German industry --- because they don't have FAANGs or other unicorns?

They still have a large high-tech industrial base and many world-recognized brand names. These German exporters must spend a good deal on R&D, and now they'll have another grant to apply for - even if a large chunk of this goes to BMW or Siemens, is that any different from NYC granding amazon 1 billion dollars to build an office in Queens?

And they do produce good research (and good researchers), some of whom don't go to work for US companies / institutes --- and this gives them another potential grant too...