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Yes, that's my view in a nutshell.

Of course computation is the exception here. There's a small number of fields that have had good progress, but the major areas have stagnated. Is the invention of the Net enough to overcome this?

It is fine to say that maybe there were quite reasonable constraints, that say, are preventing the Tyranny of the Rocket Equation from being turned over, and pauses in specific technological change are normal, but none of that addresses the question of why has a broad based stagnation set in for so long.

You just can't turn to the current generation and say:

"That's IT! There's no More. Didn't you see how amazing things were from 1700 to 1950? Where is your appreciation! Now Fuck off"

They will at least want to know why?!

That's how it feels to me reading the Wall Street Journal these days. Everything in the past was amazing and this generation are just entitled lazy slobs who got everything gifted to them on a platter.

I think you need a critical mass of people to accept that stagnation has occurred before we can get broad based growth again. Awkward questions that haven't been asked before need to be asked. Right now my generation is sitting on its laurels because it believes, as Thiel describes it: we can just sit back and wait for the Movie of the future to unfold forever.

That won't happen as long as people like this:

thisisjasonsilva.com

are being taken seriously.




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