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Why has economic growth slowed when innovation appears to be accelerating? [pdf]

5 pointsby Auligalmost 2 years ago

1 comment

hellothere1337almost 2 years ago
What's more innovative a new frontend framework or getting to the moon? A more efficient way to show ads and monetize user experience or creating the first semiconductor? A large amount of innovation nowadays is just rent seeking and very gradual refinement of 80-100 year old ideas. Without new fundamental breakthroughs we're hitting diminishing returns here
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