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Re:Why has economic growth slowed when innovation appears to... by hellothere1337 on Sunday August 06, 2023 @09:53AM (#37021929)
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
Re:Why has economic growth slowed when innovation appears to... by Aulig on Sunday August 06, 2023 @10:04AM (#37022027)
Yes, that's what the paper argues too. The inventions made during the industrial revolution were so massively impactful that today's inventions are nothing by comparison.