>You might change your mind when you consider that Bell Labs (part of the "Soviet Bureau" you despise) created
Just because bell labs was owned by a telco, doesn't mean they were a telco. A research organization existing under the ownership of a telco company doesn't make telcos provide good service, or have fair prices, or have good customer service.
They were able to do that because they were a public utility with guaranteed profits. The stock and earnings were stable ("widow and orphan" money was an expression for people who needed these safe investments). Something important to keep in mind. Really not possible to do that in today's competitive disruptive environment.
Yeah, I completely agree, it's just obviously not possible for companies to do research anymore. Anyone who doesn't see this - I just don't understand how you can fail to.
By the way, MSR was created as an active attempt to recreate an analogue to Bell Labs. It certainly doesn't have anything as foundational to show for it as transistors or lasers, but it's certainly possible for today's big tech companies to do the same kind of work.
Just because bell labs was owned by a telco, doesn't mean they were a telco. A research organization existing under the ownership of a telco company doesn't make telcos provide good service, or have fair prices, or have good customer service.