AT&T Labs' Brain Drain
Frisky070802 writes "The Newark Star-Ledger has an article on the brain drain at AT&T Labs, which laid off close to half its researchers two years ago this month, another good fraction last spring, and has lost many of the rest through voluntary departures. The article claims that only Microsoft might have the money to fund basic research as Bell Labs did years ago, though many (including me) would put IBM in the same camp. It cites problems at AT&T, ranging from researchers paying their own way to present at conferences to a loss of free espresso and bottled water. Many luminaries, such as Lorrie Faith Cranor, Avi Rubin, and Bjarne Stroustrup, are quoted --- with Stroustrup saying the lab was "mugged" by Wall Street. (Rumor has it that the losses haven't stemmed, with more top-notch researchers going to academia in the coming months.)" (Non-registration ZIP and age demographic collection.)
He's an endowed prof at my alma mater www.tamu.edu. Hope this improves the CS program there.
When travelling, it's ok if the airlines lose your emotional baggage.
Well, let's not forget the original point-contact germanium transistor (granted it was called Bell Laboratories back then.) Pretty much set off the entire solid-state revolution in electronics, which after nearly half a century has culminated in that paragon of technological debauchery known as Slashdot. But seriously, Bardeen, Brattain and Shockley would no doubt be hurt not to have their brainchild included in your list of great inventions.
The higher the technology, the sharper that two-edged sword.
I remember, back in 1987 or so, getting a good look at a computer industry study that showed gross revenues, margins, and so forth for pretty mich all of the companies in what one would consider "the computer industry" of the time. It also showed how much they spent on R&D.
Sperry spent a decent amount; so did Cray, and Hewlett Packard, and AT&T, and NCR, and so forth.
IBM spent more on R&D than the rest of them put together.
In fact, IBM spent more on R&D than the gross revenues of the second-largest company. Not the profits, mind you -- the gross revenues.
That was the single most gobsmacking business statistic that I heard until the one a couple of years ago about how Microsoft could purchase the airline industry out of its cash reserves -- twice .