Correct. R&D only creates future value. Usually in the VC model, R&D is done by individuals or small groups and then funded (bought) by VC to get it to market. So even though the R&D do-er can cash out their future profits for immediate profits, the value of that R&D can’t be realized immediately.
I personally think the VC and legacy models are currently competing, and VC is winning out. As we see here, even large, established companies aren’t immune to impinging VCs.
The rich person only cares about short term profits. They want to liquidate any good will and long term preparedness. Once the host corporation has been sufficiently bled of value, the parasite will move on to the next source of value it can find.
If I ask a question and get a ton of heated responses, I’d at least try to take some time to consider why that might be, so I’d potentially learn something regardless of my interlocutor’s reply or my initial emotional response. It’s possible they’re just wrong, but it’s also possible that I’m wrong. And if angry replies kept me from learning anything online, I don’t think I’d learn much here at all.
1%?! Whhhoaaa there, we don’t want to cause any economical damage that might cause job loss, do we? Do you want to be the one to break it to the deputy minister of job security? Let’s go for a more reasonable 0.001%