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.
The RCA story is really interesting. Technology Connections has a video on it.
I’m not sure it’s fair to say that they couldn’t afford it, but they couldn’t afford undirected research.
Even if they hadn’t gambled it all away on Videodisc, RCA would have eventually been gutted by venture capital and then the brand sold to a cheap electronics manufacturer anyway.