There's this crowd on HN which is very vocal against academia. From what I've seen, the main points are that academia isn't efficient, most of the science coming out of academia is useless and that the whole system is just a waste of taxpayers money. Instead, what is often argued, all good research is done in private labs. Then pointing to SpaceX, Moderna, OpenAI, Google, etc.
And while it is very true that often the research coming out of Academia is useless, what is always neglected are the roots of the research done in private labs.
When Jürgen Schmidhuber and team published their work on Neural Nets back in 1991 it was also useless. Unless you had a supercomputer and very, very deep pockets you were not going to do anything with what came out of their lab.
But still, 30 years later here we are, standing on top of the shoulders of this useless research.
Surely the roots, if we skip over the early preceptron work', are in backpropagation and Hinton, and the work going on at Edinburgh and elsewhere in the 80s.
Indeed I remember buying a set of three conference-papers-as-books around that time, titled Artificial Neural Networks .. proceedings of the whatever the conference was.
No doubt Schmidhuber made important contributions, but I see him pop up claiming to be the 'root' of it all every couple of years.
Hinton did not invent backpropagation.
related paragraph from Wikipedia:
Modern backpropagation was first published by Seppo Linnainmaa as "reverse mode of automatic differentiation" (1970)[26] for discrete connected networks of nested differentiable functions.[27][28][29]
In 1982, Paul Werbos applied backpropagation to MLPs in the way that has become standard.