It is a real shame too, because industry is completely incapable of doing basic research. Universities make the fuzzy ideas, and companies turn them into widgets. The only exceptions in history to this are the monopolies, which have their own obvious problems. They cannot produce non-rival, non-excludable goods - stuff that's hard to patent.
Vaswani, A., et al. (2017) Attention Is All You Need. Proceedings of the 31st International Conference on Neural Information Processing Systems, Long Beach, 4-9 December 2017, 6000-6010.
Generally understood to be an output of Googlers.
Sometimes. I've seen researchers who just churn out useless junk for citation mining and I don't see a lot of overlap between their work and what industry does. That's probably one of the most demoralizing things about academia in my opinion. You sometimes have to be obsequious to people whose goal is just citation farming and whose papers are useless junk filled with buzzwords. I see this a lot in systems and security research. But I also know some researchers who do amazing work and whose research directly gets used in industry.