This debate between Marc Andresseen and Peter Thiel on the state of innovation globally is worth a watch.
Our view on “innovation” tends to be tech centered since that’s where a lot of the largest and most obvious innovations happen. But a lot of the most impactful advances in the past have been outside of pure technology in medicine (antibiotics, anesthesia, etc.) and transportation (airplanes, automobiles, etc. ) It was nice to see them discuss whether or not we are seeing a deceleration of innovation in not just Tech, but sectors like Energy and Transportation as well.
One question I would like to have seen them touch on is whether we’ve reached a point where the “low hanging fruit” is gone. Are there diminishing returns to innovation? Does future innovation necessarily have to be more incremental in nature?