This still happens! Silicon Valley gets a lots of long-term oriented funding from taxpayers via DARPA and other government agencies. Siri (named after SRI International where Engelbart did his work) and autonomous driving (DARPA Grand Challenge) are just a couple of recent examples.
In fact PARC still does too. Although owned by a private company, PARC does government-funded research.[1]
I would say generally people in SV are less consciously aware of the major role government funding plays in it to this day. It's probably because of the mythos of private entrepreneurship and the uncomfortable narrative of all this so-called "free market capitalism" being supported by billions in govt funds, with only a fraction of the profits returned to the public coffers via taxes.
This still happens! Silicon Valley gets a lots of long-term oriented funding from taxpayers via DARPA and other government agencies. Siri (named after SRI International where Engelbart did his work) and autonomous driving (DARPA Grand Challenge) are just a couple of recent examples.
In fact PARC still does too. Although owned by a private company, PARC does government-funded research.[1]
I would say generally people in SV are less consciously aware of the major role government funding plays in it to this day. It's probably because of the mythos of private entrepreneurship and the uncomfortable narrative of all this so-called "free market capitalism" being supported by billions in govt funds, with only a fraction of the profits returned to the public coffers via taxes.
[1] https://www.parc.com/news-release/97/parc-awarded-up-to-2-mi...