I’m not sure I agree with all of Lowe’s arguments, but I do believe this is the funniest description of R&D that I have ever come across:
R&D, on the other hand, is not the profitable side of the business. Far from it. We are black holes of finance: huge sums of money spiral in beyond our event horizons, emitting piteous cries and futile streams of braking radiation, and are never seen again.