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Throughout history, it seems like there have been lengthy periods of technological stagnation. I once was listening to a medievalist who said people in the Middle Ages had no notion of technological progress (though I wonder if it is really true there was no tech advancement at that time).

This is one of the most fascinating academic studies I have come across recently, and I have been reading the original referenced paper linked to in the article [0]. The take away is industries that are evolving fastest are linked to software where the rate of progress is extraordinary. It really is true, “Software is eating the world”.

[0] https://www.sciencedirect.com/science/article/pii/S004873332...!

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