The new breed of companies like Tesla and Google co-opted by the rich to be a tax money black hole are part of the reason why we still don't have the technological advancements that we were promised

There are two kinds of companies that steal tax money, the first breed are startups and companies that are a sham from the getgo that exist solely to be a tax money black hole, like the Theranos scam, the second breed are companies that have a real business and are actually productively doing something, the examples that come to mind here are Tesla and Google.<br><br>The thing that all the rich do nowadays is disguise their tax money black hole by pretending to run a very capital intensive high tech company, this lets them access tax money, grants, and a bunch of other incentives without having to actually make anything, just like with the first breed of companies.<br><br>Tesla and Google are part of the second breed, Google's business became a tax money black hole when they decided to make a self-driving car company, that's just a black hole for tax money and investor money, they are not actually going to make a self-driving car, all they are doing is milking the government and investors for money to do the basic research for that project, they'll most likely never actually productize it, they'll just keep milking it forever.<br><br>Tesla was requested by the government to improve their full-self-driving (FSD), by adding the ability to change lanes, and it's been 2 years since then, and Tesla still hasn't had any real progress in their FSD, they have not added any new capability to make it closer to real FSD, they have been stuck on lane changing for over 2 years, and they are not actually improving it, they are just milking the government for money by pretending that they are doing something that they are not.<br><br>And there are many more companies doing the same thing, like Amazon, they are also a black hole for tax money and government grants, they pretend to be doing something good for the world, but in reality, they are not, they are just milking the government to do a bunch of basic research, they'll never actually productize their research, they'll just milk it forever.<br><br>The tax money that should go to fund the research to make humanity better is instead being funneled into a black hole to enrich the rich, the rich are the main roadblock to technological progress, and the main reason why we still don't have the technological advancements that we were promised.