Can we stop pretending that it’s the free market that drives innovation, when in nearly every case it’s publicly funded research that gets everything to the 1 yard line? Crypto may be the only exception…

I make rockets IRL.
I reserve the right to shamelessly recast for degen reasons. 
Soldier once upon a time.

not disagreeing (railroads, telecoms, vaccines) but there's plenty of examples like iPhone (smartphones), personal computers, Amazon (eCommerce).

Of course your counterpoint is going to be drilling down some publicly funded service that was needed for that private company to make their breakthrough.

Hoarder of tokens, master of fading generational wealth. 
3rd Cycle. Crypto Sleuth. 

Yep, that’d be my counterpoint all right. None of those products would have been developed without DARPA.

Other industries completely reliant on government r&d: all pharmaceuticals, aerospace, automobiles, pesticides, green energy, etc