asr comments on Peter Thiel warns of upcoming (and current) stagnation - Less Wrong Discussion
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Yes. To strengthen the point:
After Roosevelt got the Einstein letter, very little happened. The White House did not actually jump into action or start spending money. The thing was referred to a committee that moved very lethargically. Progress only picked up several years later, once the British, independently, had figured out that a bomb was practical, and had started making noise about it.