Comment by linguae

It's an example of Zuck's curiosity. When I refer to curiosity-driven research, I mean curiosity driven by the researchers, where the researchers themselves drive the research agenda, not management.

To be fair, though; Facebook, I mean, Meta is a publicly-traded company and if the shareholders get tired of not seeing any ROI from Meta's VR initiatives, then this could compel Zuck to stop. Even Zuck isn't free from business pressures if the funding is coming from Meta and not out of Zuck's personal funds.

Back to Bell Labs and Xerox PARC, my understanding of how they worked is that while management did set the overall direction, researchers were given very wide latitude when pursuing this direction with little to no pressure to deliver immediate results and to show that their research would lead to profits. Indeed, at one point AT&T was forbidden by the federal government from entering businesses outside of their phone business, and in the case of Xerox PARC, Robert Taylor was able to negotiate a deal with Xerox executives where Xerox's executives wouldn't meddle in the affairs of PARC for the first five years. (Once those five years ended, the meddling began, culminating with Bob Taylor's famous exit in 1983.)