this post was submitted on 08 Sep 2023
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151
Sam Altman feels Silicon Valley has lost its innovation culture, saying great research hasn't happened there in a 'long time' (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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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.

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[โ€“] anton@lemmy.blahaj.zone 8 points 1 year ago (1 children)

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.

[โ€“] febra@lemmy.world 1 points 1 year ago

Exactly. This is a detrimental difference. It was not an unregulated virulent profit mongering corporation.