> We're lacking the right incentives to make ideas happen.
Perhaps it's also not what our industrial policy is tuned for? In California, if a company kills a project, the staff might go elsewhere to pursue it, but that can be harder in states which enforce non-competes. Similarly, in China, if a supplier drops a product, you might go elsewhere for it, which can be harder in the US which has patent law tuned for exclusivity. A great deal of VR/AR tech has vanished into FAMG, and become unavailable for anyone else in the US to "make ideas happen". Part of why China accepted trade war as the lesser of evils.
Perhaps it's also not what our industrial policy is tuned for? In California, if a company kills a project, the staff might go elsewhere to pursue it, but that can be harder in states which enforce non-competes. Similarly, in China, if a supplier drops a product, you might go elsewhere for it, which can be harder in the US which has patent law tuned for exclusivity. A great deal of VR/AR tech has vanished into FAMG, and become unavailable for anyone else in the US to "make ideas happen". Part of why China accepted trade war as the lesser of evils.