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by mensetmanusman 1903 days ago
Most ‘expensive basic’ innovation is state funded.

Most short-term <10 year innovation is industry funded.

1 comments

True, that's because the system is designed to subsidize expensive research and let industry exploit cheap research. It makes no sense to think that state funding, having already done the heavy lifting, can't do the last mile.

Industry mainly provides access to the scalable means of production for tinkering, which can be owned by anyone, not just industrialists.