Comment on Jack Dorsey and Elon Musk would like to ‘delete all IP law’ | TechCrunch

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libra00@lemmy.world ⁨5⁩ ⁨days⁩ ago

You’re right, no one spends millions of dollars in R&D without expecting to earn a profit from it…

They spend hundreds of billions instead.

President Biden’s budget proposal for FY2025 includes approximately $201.9 billion for R&D, $7.4 billion (4%) above the FY2024 estimated level of $194.6 billion (see figure). Adjusted for inflation to FY2023 dollars, the President’s FY2025 R&D proposal represents a constant-dollar increase of 1.5% above the FY2024 estimated level.

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