None of the cos that ran these labs made any real money out of them because their management was too stupid to see potential. Xerox is most extreme example of this. So it does make sense that companies now are only paying people to execute and outsourced thinking to universities
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Hazem, I hear ya. The premise of all these labs were to not make money but make ideas. This sometimes is also outside the province of university research. If Xerox did do it this way, very good chance you and I would not be interacting here. They created a technology serendipity.
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This is such a great topic, worthy of lengthy debate! In some ways, our technological domain expertise has become so compartmentalized and specialized that it would take too big a crowd today to mash it all together for true blue-sky innovation. . . are we drowning in detail??
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Brad, Indeed! This is it precisely. All of the major advancements came from pure research and not “go to market”, “heads down iterate” or “execute”. In this era it is absurd to suggest any other type of research at tech companies. Yet this is how we got here.
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