Originally Posted by flyinb501
If it was worth investing in, it would attract plenty of private investment just like everything else. Government has no business investing in these companies and has regularly picked the loosers as of late.
This has proven to be untrue time and time again. Private investment generally doesn't get into unproven technology. There are TONS of articles out there about the need for government to invest in startup technology because of this. Many of these articles cite the things we use now that have come out of such things, like . . I don't know, the internet, GPS, optical recording, Google . . .
You read about the losers that are picked. Rarely does the news focus on the winners. This should be obvious by how many crime stories they play every evening when there are just as many good things going on that could be reported.