▲ | benreesman 5 days ago | ||||||||||||||||||||||||||||
Only if that activist investor acts with decisiveness, vision, long-term goal orientation, and demonstrates consistently high-integrity behavior. What has much more commonly produced good outcomes in such situations is robust public-private partnerships like the ones that produced the semiconductor industry in the first place. Run the list of innovations in strategically key technology and what will you find at one remove in every instance? The DoD, NASA, the Labs and ATT more broadly, the university system. It's always a public/private partnership during periods of explosive value creation when the stakes are high, and it's always a private sector capture orgy during periods of extractive stagnation like the present. | |||||||||||||||||||||||||||||
▲ | Spooky23 4 days ago | parent | next [-] | ||||||||||||||||||||||||||||
Bad news. We’re exploding NSF, NASA and many parts of DoD. Universities are uncertain as those acts are digested. That era of American history has passed. Innovation gives way to consolidation and cronyism. Think Mussolini’s Italy. | |||||||||||||||||||||||||||||
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▲ | pwarner 4 days ago | parent | prev [-] | ||||||||||||||||||||||||||||
berkshire hathaway |