I frequently hear people make the claim that progress in theoretically physics is stalled, partly because all the focus is on String theory and String theory doesn't seem to pan out into real advances.
Believing it fits my existing biases, but I notice that I lack the physics understanding to really know whether or not there's progress. What do you think?
I don't think pure mathematics make a good parallel. There are still discoveries made by single mathematicians or very small research groups, but this haven't really been the case in physics since about mid-20th century, when the US and USSR invested lots of money in modern large-scale research done by huge groups