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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Company formation is not a measure of innovation nor impact. Somewhat. What about all the random stuff that you don't even consider? Boosted boards, microwaves that are GOOD+cheap, electric lawnmowers, etc. All last 30 years.
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Come on. Boosted boards? Those dumb remote control skateboards? Compare that to the steam engine, airplane, car, locomotives, supersonic jets, toilets, crazy amounts of medical innovation, television, internet, etc.
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