Why Is Peter Thiel Pessimistic About Technological Innovation? (2014)
I&#x27;d recommend reading The Rise and Fall of American Growth for some useful numbers on this. Between 1870 and 1970 the standard of living increased so dramatically due to a few key inventions that the author calls &quot;onetime&quot; events. Technology since then has led to marginal improvements compared to, say, the widespread adoption of the filtered drinking water networks.