Sam Altman feels Silicon Valley has lost its innovation culture, saying great research hasn’t happened there in a ‘long time’::“Before OpenAI, what was the last really great scientific breakthrough that came out of a Silicon Valley company?” Altman said on a Wednesday podcast.
Bell labs was a real outlier.
It was funded by a regulated monopoly, with the government saying that a percentage of all profits had to go to R&D. They were not even allowed to give Unix to anyone other than universities, let alone profit of it.
Exactly. This is a detrimental difference. It was not an unregulated virulent profit mongering corporation.