Comment by epistasis
5 hours ago
Their fortunes are already built. They have shifted into defensive posture. They don't care about enabling more people to do discovery, that actually puts their position at great risk of disruption. What they want is to have very little innovation, and be able to capture the innovation that squeaks through.
I don't think it's true that they want little innovation. This is a political move. It's a setup for an environment where only politically approved research can happen. So the innovation machine eventually restarts, but without all the side effects of things like unbiased public policy research and social justice movements that are politically misaligned with the ultimate goal of corporate autocracy presiding over techno-serfdom.
But eventually, this always fails as history has shown over and over again. It might take 40-50 years, but it will fail with devastating effects.
Yes, and one reason the US has been so successful is because in the past 1) it was generally agreed that family dynasties should have limited ability to pass wealth generation to generation, and 2) that governance should be separated from wealth.
That's all being abandoned.
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Agreed, that's a better way to phrase my own thoughts than I was able to express.