Hacker News new | ask | show | jobs
by aey 2253 days ago
There is 0 evidence to suggest that private corporations wouldn’t have figured out the same thing. Or those same people sitting around at MIT wouldn’t have built the same thing without darpa.

It’s not like “communication“ is an industry that is starving for investment or talent.

The government sucks at spending money. Giving to the banks is the least stupid thing to do. The banks at least have some way to propagate it down to large funds and eventually to smaller funds that have some sense in what is a worthwhile investment or not.