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Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism
(www.theguardian.com)
This is a most excellent place for technology news and articles.
Um if we instead taxed those VCs setup a government fund and grant program instead you would have greater innovation, more equitable access and a better solution. VCs siphon IP and manage where wealth can be consolidated, it's a pretty basic concept.
I believe we already do this to some extent. There are government funded grants for all kinds of things. I guess you just want more of that? I think you have to be careful, because that starts to look like the government picking a lot of winners and losers in private industry. Ripe for misallocation of resources.