January 18, 2005
A research fellow at the MIT Media Lab Europe in Ireland comments on the Lab’s permanent shutdown, which was announced last week. The MLE was originally launched in 2000, initially funded by the Irish Government, with a plan to transition over time to corporate funding.
However, dot.com times are gone, and companies are reluctant to invest into endeavors where the return on investment is not clear. … I believe that Negroponte’s vision of conducting research cannot work out in times of short-term renevue expectations.
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