That statement was even more true when the last tech bubble burst early this millenium.

https://en.wikipedia.org/wiki/Dot-com_bubble

That bubble formed because of inefficiencies and excessive speculation in the tech market itself after a period of extreme growth.

I'm not necessarily agreeing with the article that we have arrived at that point in the cycle again, but I'm not as sure as you that it won't happen at all. And I'm pretty sure I'm not the only one.

In other words, it’s one thing to say the platitude is true, it’s another thing to time it.

And even the entire technical stack itself is riddled with inefficiencies.

So it seems reasonable to take the view that while software is eating the world other software and technology will eat its own lunch.

Nevertheless, we live in a golden age during which real innovation in software is still pretty easy. For thousands of years of history, there was no software at all. Not too long from now, computing will hit physical limits and plateau, and then for thousands of more years, we'll see about as much innovation in software as we do in dining utensils and in concrete. We're lucky to be in this odd middle zone in which innovation is still possible, and we should be grateful and enjoy it while it lasts. Who knows? This epoch of creativity might end before our bodies do.

Strongly disagree. As our abilities to store, process, and generate information about our reality advance, stagnant epochs will surely become shorter and sparser as we approach what ultimately represents the so called singularity. Innovation continues to accelerate, and humans are already developing novel computing technologies and architectures to surpass the limits of current designs.

The rates of technological and scientific development have arguably been increasing since the dawn of mankind[1]. I figure if we see any major progress in life extension in the next 50-80 years, there's a nonzero chance that some people alive today may live long enough to effectively acquire some form of immortality.

1.https://en.m.wikipedia.org/wiki/Accelerating_change

> Innovation has arguably been accelerating since the dawn of mankind

The left half of any logistic curve looks just like an exponential.