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I can't remember the name of the phenomenon, but there's a theory that technological progress happens in cycles.

The first half of each cycle contains large spurts of innovation and change which result in big shifts to how the world works (internet, vaccines, the automobile, jets, nuclear power/weapons).

The second half contains incremental improvements on those big innovations and focus more on convenience/leisure (social media connecting the world, uber, netflix, airbnb, etc).

We're currently in the second incremental half, but things like Space X (mars colonization, cheap rockets), CRISPR (gene therapy curing numerous ailments), and the like, tell me that we're not far away from the beginning of another paradigm shift innovation phase.




Your examples of "improving every day quality of life" are "social media connecting the world, uber, netflix, airbnb"?

Wow, we have very different perspectives on the world.


Maybe "quality of life" isn't the best way to describe it. I meant things that are more focused on entertainment or making life more convenient, as opposed to completely changing culture/life for people.


Are you thinking of Kuhn's paradigm shifts?[1]

Or the closely-related concept of punctuated equilibria?[2][3]

[1] https://en.wikipedia.org/wiki/Paradigm_shift

[2] https://en.wikipedia.org/wiki/Punctuated_equilibrium

[3] https://www.youtube.com/watch?v=mcAq9bmCeR0


Bringing together this and what Simon321 said here ( https://news.ycombinator.com/item?id=20686466 ), it may be that computers themselves have prolonged the current technological era by allowing us to wring out many more incremental improvements.



Nope, what I'm thinking of is a much more macro/long timeline focused phenomenon that looks at how innovation progresses over hundred year spans.


Carlota Perez - Technological Revolutions and Financial Capital.




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