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> Seems like there are fewer large companies that are willing to just let technologists "muck around for a bit"

I wonder if this is true. Many of the major computer industry companies have labs: Google, Microsoft, IBM ... (Apple? Facebook? Amazon?)

I wonder if it's more or less than before.

Compared to Bell Labs or PARC, these are purely applied labs.

Thanks. Do you know of any source that talks about this issue (applied vs basic in the major corporate labs) and on a somewhat sophisticated level?

Much less than before.