Designed in Shenzhen, assembled in California!

Most corporations are ‘centrally’ planned, aren’t they?

Nope, not at all in the sense that the phrase “central economic planning” means.

Well, except maybe Apple. Which hasn’t made anything new in ages. So, I guess that fits the rules.

Yes, strictly speaking, but I’m thinking more about the fallacy that capitalism leads to innovation. Large corporations are only innovative by exception, not by rule, for largely the same reasons that governments are: because they are large and unwieldy organizations run autocratically from the top by people who are divorced from reality.

I feel filthy arguing in favor of capitalism I’m sorry.

Agreed that most innovation occurs not at the large corporation level, but at the small business level.

But small businesses thrive the most in the U.S. don’t they?

Those ‘small businesses’ we’re so proud of don’t do innovation at all. They’re motels, or fast food restaurants, or garden shops. Most of them, anyway.

As an example of a giant corporation who produces immense mountains of innovation, you need go no further than IBM.

Feel free to check out their R&D journal.
https://www.research.ibm.com/journal/

This is basically a bunch of crazy science and technololgy which IBM’s decided they don’t want to bother patenting, but they’ve released out into the public sector so that no one else can patent it.

And it’s really just the tip of the iceberg in terms of IBM’s overall research.

They’ve made computers which have beaten grandmasters at chess, and have competed on Jeopardy. IBM does crazy shit, every day.

Or Google… they do crazy shit every day, which everyone here probably uses constantly. Hell, they made a new freaking quantum computer recently, which apparently can basically do magic.

Google’s quantum computer was reportedly able to solve a calculation — proving the randomness of numbers produced by a random number generator — in 3 minutes and 20 seconds that would take the world’s fastest traditional supercomputer, Summit, around 10,000 years. This effectively means that the calculation cannot be performed by a traditional computer, making Google the first to demonstrate quantum supremacy.

See also Bell Labs:

Interestingly each of those companies with large R&D operations appear to have been market dominant during their periods of greatest innovation.

I was just about to say Bell Labs. Most of the advances in Astrophysics in the last 50 years came thanks to Bell Lab’s research into microwave detection.

Uh…

Cool I guess we can kiss secure communication goodbye! Brute force all the things.

25 years of management consulting across a broad swathe of manufacturing concerns tells me you’re speaking from the heart, but without much actual knowledge of the US manufacturing landscape.

The guy primarily responsible for Deep Blue now works in … Beijing!

Maybe management consulting isn’t what you think it is.

Sorry to derail this derail, but I wonder if this news about Biden and the Ukraine will help or hurt him in the primaries as it continues to permeate the news on and off for the next few months?

Will democratic voters say “How dare Trump deflect his wrong doing onto Biden, Biden DOES deserve to be the nominee”, or will they say “Oh god, it’s like her emails, this is all we’re going to hear about, let’s nominate someone with less baggage”.

I think it will probably hurt him. If the media could report it properly — Trump and Giuliani have invented a lie about Biden to hurt his campaign — and if the Dems would themselves act against Trump in the House to highlight the sheer criminal nature of the whole scheme, then it would probably help Biden. But the media absolutely won’t, and the Dems probably won’t. The smear will stick.

“We have unlimited computing power, what shall we do?”
“Lets use it to target PragerU adverts at trainee Nazis”

The perfect free market at work, that.