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by dsrguru 5189 days ago
A lot of people would argue that a CEO's job is to innovate and that profit is just a means. Starting a company (and making yourself CEO) doesn't mean you have to change your priorities from improving the world to increasing your annual return. Lots of world-changing technology has financial gains that aren't realized for years. As long as you have enough money in the short term, which Google does, you can afford such R&D. I can't imagine the inventions at Bell Labs were profitable in the short term, but we wouldn't be typing posts on HN if they didn't exist. Do you think expensive technological innovation should be relegated to the government? Who do you trust to get us to Mars first, NASA or companies like SpaceX?