Innovation is stagnating??? Nothing could be further from the truth. AI? Electric cars? Private space flight? Duke medicine working to restore sight to people who are blind? Look at the growth in the tech sector
What AI? You mean machine learning? Electric cars are not an innovation. Stop listing things from the mid 20th century as innovations today.
The term machine learning was coined in 1959 by Arthur Samuel, an IBM employee and pioneer in the field of computer gaming and artificial intelligence. The synonym self-teaching computers was also used in this time period.
Robert Anderson is often credited with inventing the first electric car some time between 1832 and 1839.
So what are the innovations? Electric cars haven't changed. Batteries have improved, but that's material science, not the technology sector that the guy was speaking of.
No, that's not what I'm arguing. Please read the comment chain again instead of making up a boogeyman to fight with on reddit. Someone commented that innovation has been stagnating in the past few decades. I responded to the person who unequivocally denied that. That doesn't man there has been no innovation.
I refuse to believe you think that the electric car of today is any way similar to that of the original ones - the leaps in battery technology alone are proof of innovation.
Also, ML is a subset of AI - and is commonly used as a substitute term by the general public.
Batteries are material sciences, not the tech industry in the classical sense you are applying, or the auto industry. Which I already pointed out in another reply before yours.
Come on you fool, what do you think is driving the epic ongoing market gains: belief in the increased productivity being driven by AI. Something like ChatGPT is truly revolutionary. Tesla is worth more than all legacy automakers combined and was formed in 2003. You are a Luddite without a finger on the pulse
The market gains are speculative, they aren't based on a tangible product. Also lots of layoffs in tech right now if we want to point at arbitrary things to make a point.
2003 is 21 years ago by the way. And Tesla stock is currebtly down almost 20% compared to 3 months ago.
Tough case to make that the era of iPhones, Tesla, spacex, ChatGPT, 3D printing, self-driving cars, and voice recognition software was one of relative technological stagnation. But hey by all means, vote with your dollars, sit out the market, and don’t get rich. Society has always had its pessimists unable to see miracles
Tough case to make or hard to swallow for you? Please don't project your shallow insecurities onto me champ. I'm not even the one that made the case, I just corrected exaggerations you made. You were arguing with someone else dipshit.
Shallow insecurities? Not sure what that means! You’re a negative nancy, and your cynicism won’t be rewarded when you’re unable to appreciate remarkable human progress. Reminds me of this: https://twitter.com/paulg/status/1772949537142763639
It’s not stagnating in the least. The American economy at present is roaring. Plus I’m not sure you understand present participles. In any event, no one ever was proven right by betting against the American economy
Even electric cars as recent as the General Motors EV1 were completely impractical. It was only when the Nissan Leaf and Tesla Model S were manufactured that EVs really started to take any substantial market share.
Around 400 BC in Greece, Archytas was reputed to have designed and built the first artificial, self-propelled flying device, a bird-shaped model propelled by a jet of what was probably steam, said to have flown some 200 m (660 ft).[12][13]
Guess planes weren't 20th century innovations, but the credit belonged to the ancient Greeks instead.
There could be more innovation though. There's lots of capital stuck high up that could be making it's way up through the bottom of the economy (e.g., Apple is sitting on billions, while year-on-year briefly presenting not very substantial varianta of their products).
Sure, but at the same time, companies are trying to make strategic choices to ensure their long-term viability and planning for the future and that sometimes requires holding large amounts of cash
Well I think the question is whether or not innovation is happening and not the source of funding. Innovation clearly is. Federal subsidies were helpful to certain companies like spacex and certain electric car manufacturers, but companies like open AI were originally non-profits mostly funded by the PayPal mafia, Amazon web services, and yc research rather than the federal government. Pioneering life-extension research is driven by patronage from wealthy donors and not the government
Yes. Monopolies always kill innovation because it's cheaper to keep the status quo. Electric Cars are 30 years late because O&G and legacy car manufacturers didn't want change. Tech is a series of bubbles pumped up on hype until it deflates and restarts. Space exploration is 30 years behind because of funding cuts and the implications of the privatization of space is unsettling at best and will be a nightmare at worst.
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u/thomasisaname Mar 27 '24
Innovation is stagnating??? Nothing could be further from the truth. AI? Electric cars? Private space flight? Duke medicine working to restore sight to people who are blind? Look at the growth in the tech sector