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What Would It Take To Recreate Bell Labs?
(hackaday.com)
This is a most excellent place for technology news and articles.
I agree with almost all of it. Surely your grandmother or eldest living non-troglodyte relative has benefitted from transistors and calculators. Even lasers. Probably even Unix, if they use a Mac, as most tech-illiterate do.
However, the silver lining here is that this monopoly actually invested... heavily...into R&D. You don't see that now, not to the levels that they did.