Where Are We Making Progress?

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When it comes to explaining the perceived decline in humanity’s progress, Scott Sumner’s preferred theory is that there’s less opportunity today to make significant discoveries. Those who came before us made more discoveries because there was more to discover back then. Sumner uses Thomas Edison as an example; had he been born in our time, he wouldn’t be able to invent as many new appliances because they already exist. Instead, Sumner thinks he would have pursued a different, much younger field like software or biotechnology. Read full article here

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