It’s been said that the best way to stifle creativity by researchers is to demand that they produce immediately marketable technologies and products. This is also effectively the story of Bel…
And, yet, in that time, consumers paid more for telecommunication services and basically the main innovations they got were touchtone phones replacing rotary ones and higher bills. Bell Labs being a success story doesn’t mean Ma Bell shouldn’t have been broken up.
If consumers are paying extra to a monopoly anyway, just fund university labs and non-university research agencies (which we do). We have dozens of equivalents to Bell Labs. There’s no reason to rely on monopolists for innovation.
And, yet, in that time, consumers paid more for telecommunication services and basically the main innovations they got were touchtone phones replacing rotary ones and higher bills. Bell Labs being a success story doesn’t mean Ma Bell shouldn’t have been broken up.
If consumers are paying extra to a monopoly anyway, just fund university labs and non-university research agencies (which we do). We have dozens of equivalents to Bell Labs. There’s no reason to rely on monopolists for innovation.