Cool graph from Cowen & Southwood on technology adoption rates:pic.twitter.com/mBRyYbzOOI
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Cool graph from Cowen & Southwood on technology adoption rates:pic.twitter.com/mBRyYbzOOI
Maybe part of this is Technopoly's exhausting of capital from antedating approaches to life.
Fundamental flaw I see is trying to measure scientific progress as an economic activity (nearly all econ do this and it is a literal case of apples vs orgsnes) , thus the "per capita basis". This could lead to wild conclusions. The aggregate vs. individual insight is interesting
Another way I see it is that scientific progress is like venture capital and thus has power law dynamics. So only a few breakthroughs at any given time (or portfolio) but they more than "return the portfolio". This may explain aggregate argument you proposed. Ofc I may be wrong
interested in data on gains in the science of ads...
"The more important fundamental laws and facts of physical science have all been discovered, and these are now so firmly established that the possibility of their ever being supplanted in consequence of new discoveries is exceedingly remote." Albert Michelson (1903)
Many have observed falling IQs in the general population. Is there anyway to see if that is somehow related or correlated with the decline in scientific progress? Obviously our scientist population is concentrated in the right tail of intelligence, but just hypothesizing.
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