US Corporate Early-Stage R&D Declines Despite AI Boom

Afinetheorem · x · 2026-08-22

An analysis of corporate R&D labs reveals that despite the current AI boom, early-stage research spending by US companies has fallen over the last few decades. This decline is attributed to the difficulty of monetizing early research and significant spillovers, which reduce the incentive for investment. Incentivizing this area could yield massive economic benefits.

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