Earlier quoted context omitted.
Sure, but that’s not accounting for rhythm, different instruments, etc.
Isn't this just increasing the branching factor? How hard will it be to find new melodies a million years from now? Easier than today, the same, or harder?
Are Ideas Getting Harder to Find?
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Re: Are Ideas Getting Harder to Find?
#42The upshot being that innovation had already slowed tremendously.
The video begins, approximately, with the speaker relating a story of how an earlier executive had announced to a previous group, "Gentlemen, this company was destroyed last night".
If this rings any. bells, Ma or otherwise, I'd appreciate the link or reference.
Re: Are Ideas Getting Harder to Find?
#43Earlier quoted context omitted.
Money (in the form of buying power) can't be created from nothing, so whenever a bad idea/execution is funded, it takes away buying power from companies that have better execution, but less access to cheap loans. As an example I personally know a CEO who had a great idea, great exececution, but a new competitor startup was funded with millions of dollars of cash that threatened to sue him in the US. He didn't have mo…
Money can be created from nothing. https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...
Re: Are Ideas Getting Harder to Find?
#44It may just be a change in the way that we work. This paper may just as well be titled "Are institutions getting less effective?" or "Are research institutions getting less effective?". Hell, it might even be that our smartest people aren't researching and the amount of brainpower we throw at research problems has actually decreased even though the effort/money we throw at research problems has increased.
Public funded research gave us GPS, GSM, satellites, semiconductors, the Internet, fiber optics, LCDs, touchscreens...
Today "research" is done with VC money and focuses on ideas like "uber for dog sitters"
Re: Are Ideas Getting Harder to Find?
#45Earlier quoted context omitted.
Forgive me, but I don't understand your point. Is it that it's so easy to borrow money that there's no need to sift good ideas from bad? And if so, that seems like it would result in more bad ideas being funded, not fewer good ideas. Yet the paper claims to present evidence to the contrary (sort of; they're talking about innovation gains, not "ideas")--that the cost of gains is increasing. I don't see how that would…
This is a libertarian talking point. The idea is that government control of money leads to less private innovation. We had the industrial revolution in the late 19th century while on the gold standard and now with government-controlled money, most of the long term innovation like renewable energy, nukes, the internet are all funded by the government. It has almost nothing to do with this article.
Re: Are Ideas Getting Harder to Find?
#46What are all the non-Elon, non-besos plebs going to do for a day job? Our industries are too mature for easy growth. Cars, computers, space are done for the plebs, we need another industry of easy growth to pull this ship along. If history repeats, manufacturing will become king again.
In the arts with near infinite creative control lately we are seeing many retreads of past ideas, we need some great fresh ideas.
Ai tooling and general purpose automation will kick off a customisable manufacturing system, but it’s not enough. Where are all the brains at.... finance?
Re: Are Ideas Getting Harder to Find?
#47Earlier quoted context omitted.
Research is a privilege
What do you mean? I don't understand what you're trying to say about the parent comment.
Re: Are Ideas Getting Harder to Find?
#48Betteridge's Law of Headlines: "Any headline that ends in a question mark can be answered by the word no."
Not literally!
Re: Are Ideas Getting Harder to Find?
#49Re: Are Ideas Getting Harder to Find?
#50The pigeonhole principle [0] is also becoming more of a factor due to the sheer volume of production. Especially in domains with a limited branching factor. For example, in music, if you only have 12 tones in an octave to play with, along with variable length and spacing, you start to run out of "good" melodies under 20 notes after 400 years. https://en.wikipedia.org/wiki/Pigeonhole_principle