Well, looks like we might be going back to the old Sixties-style New Frontier Big Science pork buffets. Expect lots and lots of resources poured down dry holes. Meanwhile, of the two institutions which actually produced significant technological advances, Bell Labs is gone, gone, gone with the wind, and I fear DARPA is about to get six inches of bodkin through the thorax.

Prove me wrong, mirrorball man.

Please.