I’ve got nothing *against* stages 3+, but their arrival indicates things have slowed down past sound barrier. If things are slow enough people can form coherent moral/aesthetic takes, they’re too slow to be technically interesting (and for investors, too late for big returns)
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public taste-forming seems like it has more to do with sufficiently-matured marketing deployments, which wouldn't necessarily (though often do) coincide with slowed "real" innovation
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