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Comment by ucee054

Ad-hominems will get you nowhere.

Also you appear not to have any idea how much waste exists in Pentagon contracting. Look up the writings of Robert Higgs, Winslow Wheeler, Dina Rasor etc etc etc When DoD is throwing billions of dollars around with merry abandon of course some of it ends up used for useful projects. They use up all their money and then get their budgets bumped up automatically by the politicians.

And, if YC starts acting like DoD, who exactly is going to provide follow-on financing? None of the money men, not Sand Hill Road, not Wall Street, are willing to put money in the same way and with the same scale that DoD is.

What's even worse is academic research. The professors don't care about product development, they care about publish or perish. And the output from PhDs is predictably a lot of useless greek squiggles and not very much product actually usable by Grandma.

There is no fabulous opportunity because the incentives are out of whack, and your exhortations won't change that.

parent ucee054 14 years ago

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