How the Pentagon’s fear of risk is stifling innovation
By: Joe Gould   2 days ago
Jill Aitoro breaks down the complicated problems facing the acquisition of new advanced technology from Silicon Valley – and what needs to change to fix it.
WESTLAKE VILLAGE, Calif. — To Trae Stephens, a partner at the Silicon Valley venture capital firm Founders Fund and the chairman of tech company Anduril Industries, risk-averse leaders at the Pentagon — for sticking to their “go slow†approach — are like “dumb gamblers.â€
“You bet on the Patriots in 2007 and, by gosh, in 2037 you’re still going to bet on the Patriots. And eventually you just go bankrupt, you lose all your money,†Stephens, a past critic of Pentagon innovation efforts, said at a Defense News-hosted roundtable in November.
https://www.defensenews.com/congress/2019/01/28/is-the-pentagons-fear-of-risk-stifling-innovation/
