The Academic Pipeline Stall: Why Industry Must Stand for Academia

I was assured on another thread that industry can pick up all the slack, and in fact now that Academica is finally being pushed aside, industry research will take off because they will no longer be worried about the public funding research and therefore will take on the mantle themselves to do basic research.

I hope they are right but my feeling is that this will just leave a big hole that no one wants to fill because it's too not profitable. I guess we will see.

Industry already abandoned that approach 15 years ago. The only basic-research focused lab is Microsoft Research, and even that has seen massive downsizing over the last 2 decades.