Of course i know that, I work at MIT, not Walmart.
But that doesn't mean
that i approve of everything that goes on in university research. I feel if a private equity company wants to invest in research they're going to want to see profit back, that's it. No profit no company, or like SVB, no Bank.
I believe that if the government invests in research, the government needs to have its money paid back, with profit. Otherwise the government is investing in research companies that will benefit from and get rich, and in effect the government are subsidizing private companies profit.
I know the argument, that all of society benefits, companies get rich, floats all boats, but when i was born out debt was at 0.5trillion,when I graduated from high school the national debt was 1.5 trillion, and today it's at 33trillion. We can't keep spending and printing money as the debt will never come due.
If the govt was making residuals from the technology that it helped develop and gave away to companies that did profit, our dept would be much less.
Yeah, I have a clue, I just don't always agree with the party line.
As we sit on the precipice of another bank collapse and depression, it seems a lot of people very high up, that should have a clue, as it's their job, in fact don't.
So don't act as if this is an easy fix or that we should keep going the way it's been going, because there are a lot of people that can see that things are not working very well and in the long run things will have to change.
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