It's not like AT&T and Xerox were hiring thousands upon thousands of inventors. Xerox was a photocopy company and they pretty much stuck to that (hence their downfall). I don't know exactly how many people worked at PARC, but it wasn't massively huge at any time.
AT&T was an evil monopolistic company that also had a good research division. However, the research division was not its main function. You could compare it to Microsoft now (there are incredibly brilliant people working there right now).
Trust me, it's not worse than it was before.
The other places were companies like IBM, and Xerox who had to do new things to stay relevant.
I can translate by pointing Google Translate at a thing and having it be in English on the thing. Wicked shit.
Nah. I love these guys.