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Oversupply. I hate to be a heretic against the orthodoxy, but viable academia needs to be startup- and business-focused on delivering useful, productizable impact rather than pure research. (Stanford Med School is like this, as are some other departments.) Publishing is still perishable if it doesn't result in concrete utility.

Google Translate's live camera font changing.. was Word Lens and was a Stanford thesis before that.

Lytro field camera... was Stanford research.

Impossible Burger... was Stanford GMO heme.

Google... Stanford.

Cisco...

VMware...

HP...

Nike, TSMC, Trader Joe's, Netflix, PayPal, Nvidia, Varian, Charles Schwab, Atari, WhatsApp, Instagram, SnapChat, ..

^ It's no coincidence: it's mindset, talent, support, and connections that comprise a superorganism / ecosystem.

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