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The postwar settlement for American science is obsolete: the federal share of R&D has inverted, with private money and philanthropy now funding about 70% of it.

Drawn from what Michael Kratsios said

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government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

What Michael Kratsios actually said

  1. Michael Kratsios US science and technology adviser to the president
    Over time that has sort of inverted completely. The private sector plus philanthropy now do about 70% of R&D and the and the government only does about 30.

    Watch from 28:05 plays here

    ↗Michael Kratsios: Inside the White House's AI Strategyyoutube.com

    18 Aug 2026 · video · 39m · spoken · machine transcript

    All 20 korrents from this recordingthis one is 14th

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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