There I would probably disagree with you, because historically, when you look at those stories, you see that they often come from sectors that are completely different from the one in which they ended up having an impact. You never know where these new ideas will come from.
What I would argue with regard to government funding is that government is often very reluctant to take a chance on things that might be promising but that are not really.... As you know, government often tends to subsidize winners, in my experience, and to subsidize large firms rather than small start-ups. If you lower the overall tax burden, if you let people keep more of the money they've earned, I think the history of technology shows plenty of evidence of people then taking chances on things that seemed off the wall and that would never meet the kind of criteria that a government program might require. In a way, I would argue that if you look at the history, you'll see that there were plenty of people with extra money left in their pockets who were willing to take chances on things that looked promising. I don't see why things would be any different in the future.