@Jonelchong:
Is Big Tech's R&D Spending Actually Hurting Innovation in the U.S.? Innovation may not be what big companies are best at, but no other kind of organization can operate at their scale. Apple, for example, is great at hardware and logistics, which is why it continues to gain smartphone and PC market share with its iPhone, Mac, and the accessories that make them more useful. Google is still great at search and ads, and was able to use its enormous cash flow to subsidize YouTube and build its mapping products -- both of which started as acquisitions -- says Mr. Bardin. Microsoft, in returning to its roots as an enterprise software company, has thrived under CEO Satya Nadella. But what's worrisome about OpenAI is that many of the same forces that allow big companies to be so dominant may b