3min chapter

After Words cover image

Chris Miller, "Chip War"

After Words

CHAPTER

The Pentagon Dumps Billions of Dollars, Right?

In the early days of semiconductors really the Pentagon was the only customer, right? And they were paying any price. So even this incredible chaos, constructive chaos of innovation in the 1950s and 1960s was driven by largely by the Pentagon. We still see the government playing a actually pretty significant role when it comes to cutting edge research. But then the turning of those products, those speculative technologies into commercial products, that's where we ought to leave private sector firms to drive things.

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