Missing context here is that Bell labs was at its most productive when it was a government backed monopoly, with the govt insisting that it work in the general public benefit. It’s not possible now because that sort of public-private symbiosis has totally fallen out of favour and regulators just don’t really have the teeth to grab the bull by the horns like that anymore.
Missing context here is that Bell labs was at its most productive when it was a government backed monopoly, with the govt insisting that it work in the general public benefit. It’s not possible now because that sort of public-private symbiosis has totally fallen out of favour and regulators just don’t really have the teeth to grab the bull by the horns like that anymore.