WHAT WOULD IT TAKE TO RECREATE BELL LABS?

Summary from the TLDR Web Dev newsletter

Bell Labs was a highly successful industrial research lab that made numerous groundbreaking inventions and discoveries in the 20th century. Its success was due to several factors, including being a subsidiary of AT&T, a government-sanctioned monopoly, which allowed for long-term research projects and a broad research scope. The lab also benefited from historical circumstances like the advancement of quantum mechanics and the influx of talented European physicists after WWII. However, the lab's decline began after the breakup of AT&T in 1982, as it was repeatedly reorganized and faced increasing financial pressure.