Earlier quoted context omitted.
Ok, I know it might be hard to fathom, but funnily enough, every single one of the technologies you mention --without exception-- harken back in (arguably) significant and non-trivial ways to technology or fully functional prototypes already in place by the 1970s, if not earlier. I'm not making this up. Look them up and see for yourself! (Yes, even autonomous cars [1]. And ABS [2]. And X-ray computed tomography [3])…
Isn't that just how technology works? We've technically had the Internet since the 1960s, but it has grown and developed and changed enough that the Internet we had in the 1960s wasn't really what we'd call "the Internet" today (the world wide web). It takes a long time for anything to go from the first time someone hacked together a semi-functioning prototype to widespread adoption, especially when it's the 0 to 1 t…
Why Is Peter Thiel Pessimistic About Technological Innovation?
121–130 of 155 posts
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#122There's a reasonable argument that the entire industrial revolution was just the result of cheap carbon, and we've been running on that ever since. The Haber Process allowed us to get out of agriculture (and thus have time to make all of these breakthroughs) and then electrification (courtesy coal/gas) got us out of having to do manual labor. So we had lots of free time! And we used that to develop transistors and MR…
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#123We're close to getting cars that can drive themselves. We have cars that can detect when the brakes are locking and fix it, so that you never go into a skid. We have railroad locomotives that can tell when an axle is just starting to slip, and cut the power to that one axle, so that the wheels never slip even at full power on slick rails. We have jet aircraft engines that can report when a part is getting close to fa…
Not to mention, whatever we are doing as a society seems to have dramatically reduced the rates of crime (especially violent crime).
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#124But seriously, I blame the growth of the bureaucracy. Bureaucracy not only takes resources needed for innovation, it flat out stifles it. This happens at many levels... the government, the employers... lots of people going to work and not only not productively working, but actively keeping others from doing so while loudly proclaiming their right to a share of the pie.
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#125We're close to getting cars that can drive themselves. We have cars that can detect when the brakes are locking and fix it, so that you never go into a skid. We have railroad locomotives that can tell when an axle is just starting to slip, and cut the power to that one axle, so that the wheels never slip even at full power on slick rails. We have jet aircraft engines that can report when a part is getting close to fa…
There's also electric cars, which are basically already here and can't be stopped at this point. Solar panels, which have crossed the $1 per watt barrier a while ago. I believe that relatively soon we'll have genetics-driven psychiatry and medicine. Depressed people won't automatically be prescribed SSRIs, but what is deemed most suitable based on their genetic profile. Nobody will need to ask you if you're allergic…
Solar panels piece does not matter much until batteries are much better, if you want power at night or when the sun isn't full strength.
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#126I think the article unfairly bashes rail transport by singling out coal. If you read Warren Buffett's writings, his investment in rail was mostly due to being able to move something 500 miles on one gallon of diesel fuel. Regardless of what is being carried, there are very few things that efficient. Coal sucks, but but don't throw the baby out with the bathwater there. As for the science section, claiming that produc…
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#127I think the article unfairly bashes rail transport by singling out coal. If you read Warren Buffett's writings, his investment in rail was mostly due to being able to move something 500 miles on one gallon of diesel fuel. Regardless of what is being carried, there are very few things that efficient. Coal sucks, but but don't throw the baby out with the bathwater there. As for the science section, claiming that produc…
I'm not sure what is so bad about coal. It powered the industrial revolution and more importantly today, it can keep servers running when wind and Oskar can't (unless you only want to serve pages when the wind blows and the sun shines). Besides being dependable, it us also affordable and with today's technology emits very little pollution.
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#128Earlier quoted context omitted.
> When mature, electric vehicles mean the cost of fuel is essentially zero. Whenever there has a been a massive drop in energy costs, there has also been an economic boom. But the first sentence is wrong -- it only means the cost of energy for a vehicle is equal to the cost of the same energy on the electric grid, plus the cost of wear on the onboard storage system (battery, etc.) Unless your definition of "mature" f…
"essentially zero" is an exaggeration, but electric cars are dramatically cheaper to fuel. They use much less energy and the energy they use is in a much cheaper form (electricity vs gasoline).
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#129"I sort-of date the end of rapid technological progress to the late-60s or early-70s. At that point something more or less broke in this country and in the western world more generally which has put us into a zone where there’s much slower technological progress." I've believed for years that we entered something like a minor dark age (dim age?) on or about 1970, and that computers have become synonymous with "techno…
The cold war having gone by the tipping point was also a very large factor. This tied into the moonrace, and the spin off innovations from that. As a side note, It has always annoyed me that there's a loud contingent of people that object to human space travel on the basis it's not the most efficient way to conduct science, because that is not the point of it. It is a signal of intent, throwing the baton far into the…
Disagree completely. I am firmly in the camp against manned space travel however I am also firmly in the camp of "moonshots" when it comes to things that have value for their stated purpose.
See the problem with manned spacetravel is that, at it's core it is not an immediately valuable end. It will always be only a means to some other end. It's not like "science" in that it is a repeatable process that covers many domains - if you are doing manned spaceflight then the goal is basically "lets drive around." Given the scale of problems we have on terra, manned spaceflight is actually pretty silly - hence why it took a pissing contest WAR to get us to go drive around on the moon.
Re: Why Is Peter Thiel Pessimistic About Technological Innovation?
#130I think the article unfairly bashes rail transport by singling out coal. If you read Warren Buffett's writings, his investment in rail was mostly due to being able to move something 500 miles on one gallon of diesel fuel. Regardless of what is being carried, there are very few things that efficient. Coal sucks, but but don't throw the baby out with the bathwater there. As for the science section, claiming that produc…
Actually there have never been so many publications per scientist as there is now. Nearly every metric that is measurable, have been growing exponentially for the last century (no. of scientists, publications, research institutions etc.). There are some indications that we are nearing the top of the s-curve however. Which begs the question: why is all that research not resulting in equal exponential innovation in our…