We should crowdsource a list of all the potential reasons the United States has become less innovative. I'll start: - Weaker patent protection - No existential threat to incentivize innovation (USSR) - Falling testosterone - Social media changing incentives
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1) Change always seems slower when in it, faster in retrospect. 2) I don't buy his premise - no more arable land wat? - how does he explain all the growing KPIs of innovation like startup counts? His points seem cherry-picked. (Above is based on the wiki summary so....)
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2) I've heard the opposite. Company formation is down. I mean the basic idea is that if you think about all the innovations that went down between 1850 and 1970, it's crazy. 1970 to now is much more muted. We're still basically just commercializing Xerox Parc stuff.
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