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lunar-whitey an hour ago

There is no business case for basic research, but if you stop basic research long enough you will have no business. The United States and its allies seem to have completely forgotten this.

HPsquared an hour ago | parent [-]

It makes sense for big monopolies like Bell, or the CCP. The investment can be justified if the ones investing are confident they will be able to capture the value and not some competitor.

lunar-whitey an hour ago | parent [-]

Bell Labs also served to maintain positive perceptions of the monopoly. Unix was famously developed despite the knowledge that AT&T would not be able to offer it as an independent product.