[HN Gopher] What would it take to recreate Bell Labs?
       ___________________________________________________________________
        
       What would it take to recreate Bell Labs?
        
       Author : nickwritesit
       Score  : 93 points
       Date   : 2024-07-18 19:28 UTC (3 hours ago)
        
 (HTM) web link (www.construction-physics.com)
 (TXT) w3m dump (www.construction-physics.com)
        
       | csours wrote:
       | Crystals! (Tangent, but fun)
       | 
       | Lab Grown Quartz https://www.youtube.com/watch?v=fcu8Lz5PHMw
       | 
       | Alan Holden https://www.youtube.com/watch?v=Wp6bN9vN6e4
        
       | retrac wrote:
       | It would require Ma Bell. As the article correctly deduces (IMO),
       | it was related to their quasi-monopoly. It was a partial and
       | insecure monopoly; they did need to innovate or they would
       | eventually be eaten. Telecoms was their business, in the very
       | broadest sense. New ways of drawing wire more efficiently would
       | benefit their bottom line. New forms of amplifier technology
       | would almost certainly benefit them ten or twenty years down the
       | line. Same with a new kind of treatment to make telephone poles
       | last longer. So basic metallurgy, forestry, and cutting-edge
       | semiconductor physics were all within the remit. In hindsight
       | it's almost like a public/national research laboratory, that
       | happened to be privately held.
        
         | foobarian wrote:
         | Google or Microsoft are pretty close nowadays. Look at all the
         | infrastructure both of these sponsored over the years. It may
         | not be as foundational as what BL did, but then again there is
         | not as much low hanging fruit today either.
        
           | zelphirkalt wrote:
           | Also Google and Microsoft for the most part are not even
           | trying to be innovative. Rather they try to milk out every
           | last cent of existing products, driving people to buy their
           | cloud services, or directly or indirectly sell user data to
           | third parties.
        
             | fragmede wrote:
             | self driving cars and transformers not good enough for you?
        
               | beezlewax wrote:
               | What self driving cars? None of them are up to the task
               | from what I've seen.
        
               | NullHypothesist wrote:
               | Waymo's got an open-to-public service in SF & Phoenix.
               | Testing in LA & Austin now. It works really well, and has
               | been expanding quickly (relatively speaking).
               | https://www.nytimes.com/2024/05/22/travel/self-driving-
               | cars-...
        
               | bobmcnamara wrote:
               | Not when hipsters in my town strand them with a sack of
               | flour.
        
             | nox101 wrote:
             | You're saying Google's long work in AI, Quantum Computing,
             | etc... are not trying to be innovative? Their researchers
             | certainly put out a lot of influential papers.
             | 
             | https://research.google/
        
             | abadpoli wrote:
             | There is an insane amount of innovation happening at Google
             | and Microsoft et al. The amount of investment going into
             | efforts like making data centers more power efficient,
             | making better cooling systems, reducing latency or using
             | fiber more efficiently etc is incredible and rivals the
             | work done at Bell Labs back in the day. You just don't hear
             | about it because these private companies have no incentive
             | to share it.
             | 
             | And that's entirely separate from the fact that Generative
             | AI wouldn't even be a thing if not for the research that
             | Google published.
        
               | buildbot wrote:
               | Literally just watched an internal talk about this topic
               | at work (Microsoft). Lots of cool internal research to
               | make things better in every domain, but as you said, it
               | won't be shared that much.
               | 
               | The Open Compute Project is great though, and MSR does
               | awesome research across many domains too, as does
               | Alphabet.
        
               | count wrote:
               | Was the Bell Labs Systems Journal shared outside of Bell
               | Labs contemporaneously? I have original copies of the
               | Unix issue, for example, but have no idea if that was
               | 'generally available' back when it came out...
        
               | ghaff wrote:
               | Without deeply researching the topic, my understanding is
               | that Bell Labs didn't really "open source" everything or
               | really most things. Just look at the later law suit over
               | Unix.
        
               | esafak wrote:
               | https://blog.google/outreach-
               | initiatives/environment/deepmin...
        
               | didgetmaster wrote:
               | So if Microsoft discovered something very useful (e.g.
               | new battery technology, or more efficient air
               | conditioning system), but decided that it was something
               | they didn't want to develop and market; would they share
               | the knowledge or just bury it in case they might want to
               | use it someday?
        
               | abadpoli wrote:
               | I imagine they would do something like this: https://news
               | .microsoft.com/source/features/innovation/datace...
               | 
               | These innovations don't always have to be "marketed" to
               | be shared. Things like this get developed and used
               | internally, and then sometimes the company likes to brag
               | about their accomplishments, even if it's not an
               | externally facing product.
        
               | exe34 wrote:
               | do you happen to know why the tremendous progress at BL
               | was shared (did it take a long time?) whereas the
               | progress that happens at today's datacenters are mostly
               | secret? I fear that no matter how much progress they
               | make, if it's not eventually shared, it'll just be
               | lost/wasted and others will have to reinvent it.
        
               | abadpoli wrote:
               | My take is that it's related to the parent commenter's
               | thoughts on the relative monopoly that Bell had.
               | 
               | If you're a monopoly with no practical competition,
               | sharing your accomplishments gets you good will and has
               | little downsides. But if you're Microsoft, and one of
               | your big moats and competitive advantage is the massive
               | fleet of data centers you've been building up over the
               | years, you don't want to hurt yourself by giving your
               | competition the information they need to build new, more
               | efficient data centers.
        
             | insane_dreamer wrote:
             | > not even trying to be innovative
             | 
             | it was Google's research that led to the current LLM
             | revolution
        
           | throwaway81523 wrote:
           | Ma Bell was regulated and they used the labs partly as a
           | slush fund to smooth out their apparent earnings. When they
           | got a rate increase, the labs would be well funded for a
           | while, so AT&T wouldn't have to show an unseemly spike in
           | profits. When they went for a long while without an increase,
           | the labs would run lean until the next increase came. At
           | least that's what someone told me back then.
        
             | tedunangst wrote:
             | I've read more than one history of bell labs and never
             | heard about this dynamic.
        
         | flenserboy wrote:
         | Tax law would also have to change:
         | https://pro.bloombergtax.com/insights/federal-tax/rd-tax-
         | cre....
        
           | mullingitover wrote:
           | Winner winner chicken dinner.
           | 
           | I think, ironically, the "Tax Cuts and Jobs Act of 2017" has
           | gutted tech jobs and R&D in a profound way.
           | 
           | > The TCJA amended I.R.C. SS174 such that, beginning in 2022,
           | firms that invest in R&D are no longer able to currently
           | deduct their R&D expenses. Rather, they must amortize their
           | costs over five years, starting with the midpoint of the
           | taxable year in which the expense is paid or incurred. For
           | costs attributable to research conducted outside the U.S.,
           | such costs must be amortized over 15 years. This will be the
           | first time since 1954 that companies will have to amortize
           | their R&D costs, rather than immediately deduct those
           | expenses.
           | 
           | The act actually took us back by many decades in terms of R&D
           | incentives, and devastated US competitiveness vs China by
           | disincentivizing R&D across the board.
        
         | nkozyra wrote:
         | Rather than a monopoly, I'd say it takes 2 things (that are
         | often present in monopolies):
         | 
         | 1) Big piles of money 2) Enough of a moat that there's no
         | _immediate_ threat from competition
         | 
         | #2 drives a lot of the desire to innovate, the hope being that
         | by the time competition catches up, you've got so much new
         | stuff that they're back where they started.
         | 
         | The closest thing I can think of in the tech space now is Apple
         | with consumer hardware moat. The other big players are still
         | cannibalizing and copying each other's business segments.
        
           | trelane wrote:
           | You are forgetting a vital element: the C-suite must want to
           | plow the money into research instead of lining their yachts
           | and various houses with it.
        
             | bumby wrote:
             | Somewhat less cynical view, but maybe corporations were
             | allowed to be more long term focused in the past?
        
               | ElevenLathe wrote:
               | Or maybe they had to be, with interest and tax rates what
               | they were?
        
               | bumby wrote:
               | Could you elaborate or be more specific? Given how long
               | BL existed, I'm not sure I can pin down what rates you're
               | talking about
        
           | ramblerman wrote:
           | > 1) Big piles of money 2) Enough of a moat that there's no
           | immediate threat from competition
           | 
           | You just described google 10 years ago. And I would argue
           | they have been on a downhill slop ever since.
           | 
           | So I think its something else, perhaps great leadership at
           | the right time. Google certianly had the talent, but pichai
           | has been an awful steward.
        
             | runevault wrote:
             | Even when you create the conditions there's always some
             | luck factor. Whether it is leadership with the right vision
             | or the right people in other key roles to create
             | innovation. But I feel like the 2 points above are sort of
             | the starting point that makes it possible for the other
             | things to matter (or more likely, flukes can occur).
        
             | PaulDavisThe1st wrote:
             | Part of the problem, I think, is that Google's relentless
             | focus on information is just never to end up being as sexy
             | as the stuff Bell Labs worked on over the years.
        
           | passwordoops wrote:
           | 3) tax laws that mandate buybacks + dividends cannot exceed
           | more than a % value of R&D + CapEx spend.
           | 
           | Otherwise 1+2 result in the C-suite deciding to divert all
           | that cash to their pockets. Reference: the past 40 years of
           | big business
        
         | YouWhy wrote:
         | Thank you - that's a spot on answer. Bell Labs was the only way
         | Ma Bell could stay relevant given that the rest of the world
         | was making progress on their own.
        
       | rightbyte wrote:
       | Dunno. Essentially AT&T founding is no different than tax
       | founding. Any uni lab could recreate the conditions.
       | 
       | I believe the academic system is way too gamed nowadays for these
       | kind of institutions to not drown. Like, there is focus on
       | metrics and numbers rather than fundamentals.
        
         | ertgbnm wrote:
         | The vertical monopoly is the big key. A uni lab couldn't
         | replicate that.
        
       | n4r9 wrote:
       | > Being a subsidiary of a government-sanctioned, vertically
       | integrated monopoly gave Bell Labs a broad research scope and
       | freedom to pursue long-term research projects unavailable to most
       | other industrial labs.
       | 
       | This feels like a big-hitter. In the UK, most government
       | expenditure these days is subject to a sort of KPI management
       | process. It's very difficult to do long-term work when the team
       | has short-term targets to fulfill. That said, I wonder if
       | security-critical organisations like GCHQ work that way.
       | Obviously Bell labs was a US phenomenon, but I'd be surprised if
       | the same problem doesn't persist over there to some degree.
        
       | readingnews wrote:
       | You will not "recreate" it, as everything now is short term
       | shareholder profit/dividend driven. As others and the article
       | notes, they held the long view on innovation.
       | 
       | We could really use a large number of bell labs today. It will
       | not happen.
        
         | iwontberude wrote:
         | Craigslist is an example of where this doesn't occur but the
         | innovation also doesn't exist.
        
         | lotsofpulp wrote:
         | Yes, the trillion dollar market cap businesses got to where
         | they are by focusing on short term shareholder profit (what
         | does that even mean?) and dividends.
         | 
         | Nvidia famously did not play the long game. Nor did Apple with
         | their smartphone bet, or Amazon with their 10+ years of near
         | zero profit margins while building a nationwide logistics
         | network. Or Alphabet with their data centers, plowing billions
         | into YouTube to give access to streaming HD video on demand
         | around the world.
        
       | LarsDu88 wrote:
       | Google already did this. Google X, Google Brain, Deepmind...
       | 
       | The invention of the transformer architecture that underpins
       | modern AI, dozens of core papers in the field.
       | 
       | What they haven't revolutionized is materials science. Memristor
       | technology for example, is still grossly underdeveloped.
        
         | nine_k wrote:
         | Both memristors and 3D XPoint aka Optane are in a patent limbo.
         | The current patent holders tried them, and found the current
         | crop too hard and unprofitable, but further research and
         | commercialization would require either buying the key patents
         | or waiting for them to expire.
        
           | pklausler wrote:
           | Commercialization, yes, but not necessarily further research.
        
             | jahewson wrote:
             | Hard to get research funded when it can't be commercialised
             | sufficiently to merit the risk.
        
           | LarsDu88 wrote:
           | That one's on Intel. They marketed Optane poorly and created
           | a subpar product for the market they were tackling.
           | 
           | The whole point of memristors is to make something better
           | than DRAM and SRAM. Perhaps even blow up the dichotomy
           | between storage and memory altogether (as memristor MRAM can
           | store information even when powered down, unlike DRAM and
           | SRAM). Let here we are in 2024 with no viable memristor
           | products on the market.
        
         | lemoncucumber wrote:
         | Unfortunately that's the Google of a decade or two ago. Today's
         | Google is very focused on cost-cutting and I can't imagine them
         | investing in new future-focused projects like those which are
         | not under pressure to turn a profit any time soon.
        
           | ASalazarMX wrote:
           | It's the circle of life, companies eventually get captured by
           | accountants and lose their initial spark. Even companies like
           | Microsoft had an era of exciting innovation.
        
           | novia wrote:
           | The paper on transformers come out in 2017. Less than a
           | decade ago.
        
             | ozim wrote:
             | 7 years is basically rounding error from a decade ago.
        
           | LarsDu88 wrote:
           | Just like _cough_ Bell Labs maybe?
        
           | fuzztester wrote:
           | mumble clayton mumble christensen
           | 
           | mumble business cycles
           | 
           | mumble corporate cycles
           | 
           | mumble evolution
        
             | fuzztester wrote:
             | https://en.m.wikipedia.org/wiki/The_Innovator%27s_Dilemma
             | 
             | https://en.m.wikipedia.org/wiki/Clayton_Christensen
        
         | blueboo wrote:
         | Demis on designing DeepMind:
         | 
         | "When we set up DeepMind, I took inspiration for our research
         | culture from many innovative organizations, including Bell Labs
         | and the Apollo program, but also creative cultures like Pixar."
         | 
         | https://www.theatlantic.com/sponsored/google-2023/unlocking-...
         | 
         | As for materials science, there's signs of life in graph nets
         | https://deepmind.google/discover/blog/millions-of-new-
         | materi.... Meanwhile maybe AlphaFold indicates a precedent
         | towards deep learning systems that advance chemistry. I don't
         | claim these are revolutions, but extrapolating into the future,
         | they might be seen as the catalysts. Maybe.
        
       | andrewstuart wrote:
       | Lots of companies recreated Bell Labs.
       | 
       | It's not the 20th century though.
        
       | IshKebab wrote:
       | A time machine.
       | 
       | These places (Xerox Parc is the other obvious example) existed
       | because recent breakthroughs opened up the possibilities and they
       | exploited almost inevitable inventions.
       | 
       | I think the mistake is thinking that the flurry of creation is
       | linked to the _company_ or the _institution_ rather than the
       | general state of progress.
       | 
       | As soon as someone invents viable Human-Machine Interfaces or
       | whatever there will be _some_ company that invents a load of
       | seminal stuff around that.
        
         | nine_k wrote:
         | It certainly linked to a company or institution that were able
         | to harness the potential and release the innovation as research
         | or products. Not all of them.did.
         | 
         | It's like wind energy: the wind blows for everyone, but some
         | build a turbine or a windmill. (Though indeed, when the wind us
         | not blowing, even the best turbine is going to be a
         | disappointment.)
        
       | photochemsyn wrote:
       | Didn't high top marginal tax rates in the 1960s-1970s era give a
       | lot of corporations an incentive to put profits back into R & D
       | as it would avoid high taxation on those profits (and I think the
       | R & D outlay was a tax writeoff, too). E.g.
       | 
       | https://slate.com/business/2012/07/xerox-parc-and-bell-labs-...
        
       | renewiltord wrote:
       | It exists. It's called the Thiel Fellowship and they're
       | everywhere.
       | 
       | If you want a research facility that failed to take advantage
       | then it's Google.
        
         | fragmede wrote:
         | It's fascinating how Google --transformers--> OpenAI looks like
         | Xerox Parc --gui--> Apple if you squint real hard.
        
           | drowntoge wrote:
           | While I agree with you, the amount of the squinting required
           | hurts my eyes.
        
         | treyd wrote:
         | Except that's supporting the ego of a particularly questionable
         | billionaire instead of being truly R&D for its own sake in
         | advancing technology.
        
           | Krustopolis wrote:
           | What is questionable about Peter Thiel?
        
             | drowntoge wrote:
             | That I'd happily go back to the stone age rather than have
             | him and the likes of him own the tech sector and be left
             | alone in driving it into the next century.
             | 
             | And I'm far from alone in feeling this way.
        
             | treyd wrote:
             | He's closely associated with the Neoreactionary movement
             | (NRx, for more research look up Curtis Yarvin) and
             | coincidentally happens to be on good terms with the new VP
             | pick JD Vance. They see principles like democracy as
             | barriers to achiving personal power and enrichment. It
             | makes a lot of sense he'd build a surveillance firm.
             | 
             | Relatively recent article from the Atlantic specifically on
             | Thiel: https://archive.is/1Nz71
             | 
             | Slightly older article in Vanity Fair that covers his
             | connections with NRx and other topics:
             | https://www.vanityfair.com/news/2022/04/inside-the-new-
             | right...
        
       | akira2501 wrote:
       | What would it take? Two world wars leading a protracted cold war
       | between two "superpowers."
       | 
       | No surprise that the end of the cold war brought about the end of
       | our collective need of a closely held quasi-national entity like
       | AT&T.
       | 
       | I think the real question is "What would it take to recreate it
       | in the abstract, from the disparate components we have attached
       | to the internet today?" Or to rephrase it "What happened to the
       | early promise of the internet when it was mostly available only
       | through Universities?"
        
       | pipeline_peak wrote:
       | Corporate dominance.......Sorry!
        
       | vondur wrote:
       | At the most basic level it's all about money. ATT had a monopoly
       | on telecom in the US and had the money to set up the research
       | labs. After that you need people that can recognize and fine
       | brilliant people in their respective fields and giving them the
       | resources they need.
        
       | Philip-J-Fry wrote:
       | Bell Labs and things like it were around when the primary purpose
       | of a business was to make money, and do it healthily, rather than
       | to find a bigger fish. It's no wonder many of these companies
       | were quite old. They created sound businesses.
       | 
       | For the giants of today it's all about milking existing products
       | for all their worth. Not finding new revenue avenues. The modern
       | stock market is to blame. If number goes down then the earth is
       | on fire apparently.
       | 
       | The other aspect is, why try and innovate yourselves when you can
       | wait for someone else to do it and then try and acquire them?
       | It's short term thinking but that's what business is largely
       | about these days.
       | 
       | Maybe this will change with time. I suspect it will as the world
       | is on a track to become more insular again. This may drive
       | innovation at home.
        
       | jcgrillo wrote:
       | I was thinking about a very small version of this topic the other
       | day--how can you re-create the intrinsic motivation of a startup
       | in a large company? My conclusion was you just can't. The
       | combination of scarcity, urgency, and potential opportunity
       | present in startups seems to catalyze something that can't (at
       | least maybe not ethically) be simulated.
       | 
       | Maybe in the large what we really need to get it together and
       | pull these things off is immediate existential threat e.g. a
       | world war or crisis of similar magnitude.
        
       | nxobject wrote:
       | Everyone talks about the monopoly - don't forget the pressure to
       | Do Good Deeds and to look like You're Bringing New Tech to avoid
       | the general public's grumbling about, well, having to rent your
       | phone from Ma Bell for $$$$$ and to live with their restrictions
       | on what you could hook up to their lines. An expensive PR
       | operation, but a good one for sure.
       | 
       | I prefer cynical explanations for why the C-suite would like to
       | keep Bell Labs around, and other posters have also mentioned
       | managing perceived profits, and avoiding anti-trust.
        
       | mhneu wrote:
       | The key thing is time horizon.
       | 
       | Bell Labs invested in research that would bring payoff 20+ years
       | in the future. That's in part because they were a quasi-monopoly.
       | (Also because there was less pressure back then on execs to focus
       | on short-term stock prices.)
       | 
       | It's also because Bell Labs ran a lot on government contracts and
       | grants. The government CAN look 20+ years in the future. And it
       | does.
       | 
       | You can see the same effect in pharma today. Pharma R&D develops
       | drugs that will hit the clinic in the next 5-10 years at most.
       | The true basic research of identifying targets and understanding
       | cancer/Alzheimer's mechanisms to launch future drugs -- that's
       | all funded by the government.
        
         | jackcosgrove wrote:
         | Agreed on the public-private nature of Bell Labs.
         | 
         | I would also ask how we could recreate another exemplar in that
         | space, DARPA. Now of course DARPA is alive and kicking, but
         | what about another DARPA, say in Europe?
         | 
         | The two organizations did have different missions, with DARPA
         | being mostly an investor while Bell Labs was mostly a
         | practitioner.
         | 
         | The question that springs to mind is, why did Bell Labs decay
         | while DARPA did not?
        
       | colinng wrote:
       | We don't need to recreate Bell Labs.
       | 
       | We have SpaceX and Starlink - that's where innovation is
       | happening. Compare Dishy to the Starlink Mini (which can run off
       | a power bank), or the first live-feed (no radio blackout period)
       | on orbital re-entry. And they costed much less than ULA and
       | provided much more to the public. Practically saved Ukraine (try
       | defending your country with no communications). Or Tesla who has
       | made EVs (and charging stations) an actual thing. Or Neuralink
       | who's allowed a quadriplegic to use a computer like you and I.
       | 
       | We don't need giant monopolies like Microsoft who - what did they
       | deliver over the past 3 decades? A knockoff of the Mac. OSes full
       | of vulnerabilities that require antivirus and firewalls. Clippy.
       | Nearly killed Apple (who gave us the first usable GUI, all our
       | songs in our pocket, and the first actually smart smartphone.)
       | 
       | What does Microsoft do that is innovative? They buy actual
       | innovative companies (they "own" OpenAI for all intents and
       | purposes). But also open source dotnet. Typescript. LINQ and EF.
       | And I hate to hand them the trophy, but the Surface Pro is a real
       | computer - the iPad Pro can't do real work like build you an App
       | or site with VS Code - it can't even run Apple's own XCode.
       | 
       | We don't need giant monopolies. Plenty that smaller companies can
       | do to outmaneuver incumbents. SpaceX will figure out passenger
       | planes before anyone at the ULA will figure out how to make their
       | spacecraft not leak.
        
       | ayakang31415 wrote:
       | Lots of innovation came from Bell Labs or other national
       | laboratories that are foundations of many modern technologies. I
       | always thought that private sector alone cannot make
       | technological progress fast without the help of the government
       | sponsored science facilities. It is incredible to see what came
       | out of those facilities because the scientists worked really hard
       | because of their genuine interest in working on such projects
       | because they either like the process of figuring things out or
       | their curiosity cannot be quenched until they get it.
        
         | jackcosgrove wrote:
         | Also, it seems like promising (a real promise that can be
         | backed up) researchers a comfortable upper middle class income,
         | job security, good benefits, and light-touch supervision is a
         | good match for the type of person who excels at basic research.
         | 
         | Too little security and nothing ever comes to fruition. Too
         | much money sloshing around and you attract the wrong sort of
         | crowd.
         | 
         | Public entities are best suited to providing this type of
         | compensation and employment arrangement.
        
       | unkoman wrote:
       | From a non-tech perspective, IKEA, as a private company, shares a
       | similar focus with Bell Labs on enhancing individual components
       | to improve the overall system.
        
         | nox101 wrote:
         | What are some examples?
         | 
         | What I've noticed buying Ikea stuff over the last 30 years so
         | that it's gotten progressively lower-quality.
         | 
         | Take for example their Kallax shelves. I've purchased them at
         | least 4 times in the last 20 years, each time, a part that was
         | metal before got replaced by a plastic or wood part, the wood
         | got thinner or less dense, .... They still work so maybe that's
         | innovative.
        
       | WalterBright wrote:
       | Many outfits have tried to reinvent the Lockheed Skunk Works, but
       | to no avail, because they always tried to improve on it by
       | removing its core principles.
       | 
       | Though I must say, SpaceX may be its worthy successor.
        
         | LarsDu88 wrote:
         | SpaceX doesn't really do any sort of frontier research. They do
         | technology. They are taking concepts that have been done in the
         | past and doing them more economically.
         | 
         | They have pushed the state-of-the art with projects like
         | Raptor-2, but doing fundamental research and simply doing
         | engineering are different things.
        
           | UniverseHacker wrote:
           | Skunk works also did technology
        
       | WalterBright wrote:
       | I liked Bell Labs ever since 1986 or 1987 or so. I was
       | considering developing a C++ compiler, but was concerned about:
       | 
       | 1. would I need a license to develop a C++ compiler?
       | 
       | 2. would I need a license to call it C++?
       | 
       | So I called up their head intellectual property lawyer. He
       | laughed, and said feel free, and thanked me for asking. He said
       | other people just went ahead and copied things hoping BL wouldn't
       | notice.
       | 
       | So thank you, Bell Labs! You guys were the best.
        
         | 1992spacemovie wrote:
         | Ironically wholesome lawyer story. That's a short list btw.
        
       | GreedIsGood wrote:
       | None of this addresses perhaps the main issue. Bell Labs predated
       | the venture capital revolution of the 1970s.
       | 
       | The key insight of venture capital was that firms like Bell Labs
       | were holding on to very valuable resources at compensation rates
       | that were far below what those resources could generate if they
       | were empowered to create their own firms.
       | 
       | This was tremendously successful. While we have no
       | counterfactual, innovation in the US blosomed ove the last 50
       | years. The fundamental research may have languished (I would
       | probably disagree, moore's law didn't happen through magic for
       | example) a tremendous number of companies, and all of the large
       | companies we know of today, which provide all of the services of
       | the modern world were a result of venture capital.
        
         | SuperNinKenDo wrote:
         | I'm not sure that last part lands quite the way you meant it
         | to.
        
         | coliveira wrote:
         | Moore's law is dead in the USA for almost 20 years. The
         | improvements we see come from research in Asia and the
         | Netherlands.
         | 
         | Also the idea that US tech companies are doing much innovation
         | is debatable. They are designing products for the international
         | markets, but the core technologies are more and more coming
         | from Asia.
        
       | WalterBright wrote:
       | Thomas Edison invented the first commercial invention laboratory.
       | 
       | The Wright Bros invented the first directed research and
       | development program, where theories are developed and tested on a
       | series of prototypes, leading towards the objective.
        
       | ge96 wrote:
       | a ranch and infinite money
        
       | kkfx wrote:
       | What made Bell Labs so successful is simple:
       | 
       | - public funds
       | 
       | - researchers free to research instead of producing something
       | marketable in 6 months or less
       | 
       | - long term projects and goals as a NORMAL thing instead of being
       | considered folly
       | 
       | - a school system designed to make citizens not useful idiots
       | https://www.theatlantic.com/ideas/archive/2020/08/i-was-usef...
       | 
       | Unfortunately the last point in the present time demand IN THEORY
       | at least some new generations to be achieved, in practice the
       | ruling class do not want at all anything like that so it's mere
       | utopia.
       | 
       | As a bottomline: EU was the most advanced countries of the world,
       | when it do public funded research and industry, it commit suicide
       | with WWI, the USA have copied and advance the EU model after
       | WWII, then commit suicide as well with finaciarisation of
       | anything, now it's China who rule, but the model, the substance
       | is the same: countries grow and prosper with public funded
       | research with long terms goals and researchers free to master
       | themselves with the industry picking marketable research from
       | them instead of commanding research. Countries might vary,
       | populations might vary, implementations might vary a bit, but the
       | principle so far have proved to be the same.
       | 
       | As a result we are in a decline phase, which probably result in a
       | series of LOST wars, and a long era of poverty and destruction
       | before a new start.
        
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