> The truth is, we may well be in the largest slowdown of technological growth in human history. Economist Tyler Cowen calls this the “great stagnation.”
relevant relink: Peter Thiel and George Gilder debate the prospects for technology and economic growth[1]. The basis of Thiel's argument comes down to the price of energy. He's bearish. He notes that Warren Buffet's biggest bet, which is on trains that transport 40% by volume coal, is a bet that clean, cheap energy tech will fail.
relevant relink: Peter Thiel and George Gilder debate the prospects for technology and economic growth[1]. The basis of Thiel's argument comes down to the price of energy. He's bearish. He notes that Warren Buffet's biggest bet, which is on trains that transport 40% by volume coal, is a bet that clean, cheap energy tech will fail.
[1] http://www.youtube.com/watch?v=XRrLyckg8Nc