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by ryukoposting 221 days ago
The Bell Labs we look back on was only the result of government intervention in the telecom monopoly. The 1956 consent decree forced Bell to license thousands of its patents, royalty free, to anyone who wanted to use them. Any patent not listed in the consent decree was to be licensed at "reasonable and nondiscriminatory rates."

The US government basically forced AT&T to use revenue from its monopoly to do fundamental research for the public good. Could the government do the same thing to our modern megacorps? Absolutely! Will it? I doubt it.

https://www.nytimes.com/1956/01/25/archives/att-settles-anti...
1 comments
aatd86 221 days ago
Used to be a Google X. Not sure at what scale it was. But if any state/central bank was clever they would subsidize this. That's a better trickle down strategy. Until we get to agi and all new discoveries are autonomously led by AI that is :p
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williamDafoe 220 days ago
Google X is a complete failure. Maybe they had fei-fei on staff for a short while but most of her work was done elsewhere.
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godelski 220 days ago 

  > Google X is a complete failure

  - Google Brain
  - Google Watch/Wear OS
  - Gcam/Pixel Camera
  - Insight (indoor GMaps)
  - Waymo
  - Verily
It is a moonshot factory after all, not a "we're only going to do things that are likely to succeed" factory. It's an internal startup space, which comes with high failure rates. But these successes seem pretty successful. Even the failed Google Glass seems to have led to learning, though they probably should have kept the team going considering the success of Meta Raybands and with things like Snap's glasses.

https://x.company/projects/#graduate

https://en.wikipedia.org/wiki/X_Development#Graduated_projec...

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aatd86 220 days ago
Didn't the current LLMs stem from this...? Or it might be Google Brain instead. For Google X, there is Waymo? I know a lot of stuff didn't pan out. This is expected. These were 'moonshots'.

But the principle is there. I think that when a company sits on a load of cash, that's what they should do. Either that or become a kind of alternative investments allocator. These are risky bets. But they should be incentivized to take those risks. From a fiscal policy standpoint for instance. Well it probably is the case already via lower taxation of capital gains and so on. But there should probably exist a more streamlined framework to make sure incentives are aligned.

And/or assigned government projects? Besides implementing their Cloud infrastructure that is...

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