It used to be that the only ones with access to cutting-edge technology were top government labs, big companies and the ultra-rich. It was simply too expensive for the rest of us to afford.

Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation.

Companies have too many experts who block innovation. True innovation really comes from perpendicular thinking.

Future companies will be smaller and more nimble.

When I was in graduate school in consumer science and math, all of the big companies had labs, all doing blue sky research.

Collective management will build companies - not top-down decision-making.