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MichaelHoward comments on Peter Thiel warns of upcoming (and current) stagnation - Less Wrong Discussion
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I mean about acceleration/deceleration of technological change.
That might be one way of putting it.
RK: Computers are getting faster.
PT: True, but new drugs are coming out slower.
RK: True, but computers are getting cheaper.
PT: True, but travel is getting slower.
RK: True, but the best medical technologies can do more.
PT: True, but the price of access to them is ballooning.
RK: True, but this can be overcome with sufficiently fast growth in a few critical sectors.
PT: True, but it won't be if the current political and economic environment persists.
RK: True, but it won't persist.
PT: Yes it will, unless we do something to reverse it.
RK: Yes, and we will.
PT: ...
RK: I think we still have 55 minutes left.
I wonder what his argument for that would be.
The next fifty-five minutes would be the most interesting part, though. Can you imagine the small talk between those two?
Yes I can