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George Pearkes @peark.es

US R&D spend is basically at a record share of total.

US private R&D investment as a percentage of GDP. Data at https://fred.stlouisfed.org/graph/?g=1KVPd
jul 28, 2025, 7:54 pm • 39 0

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SE Gyges @segyges.bsky.social

it should be higher.

jul 28, 2025, 8:16 pm • 17 0 • view
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SE Gyges @segyges.bsky.social

"the thing that drives all long-run economic growth and has for our entire lives gets 4% of all budget" is incredibly low actually

jul 28, 2025, 8:49 pm • 17 1 • view
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Chris Skoglund @cskog.bsky.social

Was? The past is not a predictor of the future and the future looks like garbage.

jul 28, 2025, 9:45 pm • 0 0 • view
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Níðhöggr, chewing on ice cubes @noghiri.bsky.social

so this is because there's a tax break now for R&D spending, so everything you can classify as R&D you want to claim as R&D even if it's just looking up the manual

jul 28, 2025, 8:18 pm • 11 0 • view