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Practice Speaking: Re-tell lecture ID: #48282 Medium Niche Technologies
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And so there's two things there: One is, smaller projects that have bigger impact and societal impact kind of get ignored. Also, niche technologies that we can build on for future things will not thrive, will go away. A lot of the things that we're reaping the benefit of today was because of the basic scientific research that we funded in the 60s and the 70s and the 80s. So if they stop doing that kind of funding by the government, after a while we just won't have anything to build on top of. We'll just be advertising to each other, and connecting with each other on social media. And that's it. And that's not where we want to end up. So there is a role for government, in terms of promoting scientific research, for both the sake of scientific research and also for commercializing the scientific research. The government is the only entity that can take a slightly longer point of view, in terms of these developments. But I think it's good for that to happen. Because sometimes good ideas need a little bit of funding, before they can become bigger ideas.

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