Comment Re:Could have picked a better field (Score 1) 19
I'm wondering if the government spending money on moving stuff from the lab to the doctors office has simply convinced private industry they don't need to spend their own money to do that.
No. This is what VC money is for. The program described in TFA is just a way to funnel taxpayer dollars to the bad ideas that the VCs have rejected. Governments are horrible at picking winners, and tend to do so based on physical location (the right congressional district) and political connections, rather than merit. Government funding of basic research is sensible. Government welfare for corporations is not.