The Prospects for Technology and Economic Growth

You can skip the introduction if you don't want to hear crazy libertarian babble (which I ate up like so many cheesecakes) the real meat is in the 2 speakers.

"Peter Thiel's thesis that technological progress is decelerating has been featured prominently as of late in a number of opinion journals and popular magazines, while George Gilder holds to the supremely optimistic premise of his famous 'Microcosm: The Quantum Revolution in Economics and Technology'.

Moderator: William Davidow, High-technology Executive, Venture Investor, and Author of 'Overconnected: The Promise and Threat of the Internet'" -YT

I really enjoyed this talk, and I think it is most likely connected to the reason we don't do so well in science and such anymore, because there is no reward in doing science; there are no jobs for you unless it is in the internet. The internet is the wild west, full of all sorts of evils, but also the greatest source of new wealth generation in the US over the past 2 decades. You can't name a company that wasn't a technology company come into existence like Google, that isn't also internet based, like amazon or ebay. In the world of real things, we have favored safety and oversight and innovation has stifled or gone overseas, in the world of the net which is still largely unregulated, the greatest advances of our generation have occurred...and I don't think that a coincidence, and neither does Peter Thiel. The other speaker had some good points as well, so it is a really great debate with lots of ideas that I need to flesh out more completely.

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