I agree with your conclusion, Maxwell, and this piece was a joy to read. Jason’s comment also seems correct to me in that subdomains very clearly exhibit the phenomenon of ideas getting harder locally. Still, the fallacy of composition tells us to be wary of summing up these subdomains. Diversification across subdomains may the answer to how the innovation frontier can continue to expand despite ideas getting locally more challenging.
I’m curious to hear what you think is the scarce resource. After trying my hand at starting a company and working in venture capital, I’ve come to appreciate that often the idea is quite important. The old hobbyhorse of execution vs idea feels like a false dichotomy though. The best companies do not spring forth from entrepreneurs’ heads like Athena, fully dressed for battle, but they are also not A/B tested into existence. Similarly, science seems to move forward through a combination of dogged empirical work and theoretical insight.
Here are a few areas I’d like to read more about: courage, ignorance/fools and subversion/tricksters. I always think of the strange case of Medicine Nobel Dr. Barry Marshall, who debunked long established medical beliefs about stress being the cause of gastric ulcers by performing risky self experimentation that involved infecting his gut with bacteria: https://asm.org/Podcasts/MTM/Episodes/The-Self-Experimentation-of-Barry-Marshall-MTM-144
I agree with your conclusion, Maxwell, and this piece was a joy to read. Jason’s comment also seems correct to me in that subdomains very clearly exhibit the phenomenon of ideas getting harder locally. Still, the fallacy of composition tells us to be wary of summing up these subdomains. Diversification across subdomains may the answer to how the innovation frontier can continue to expand despite ideas getting locally more challenging.
I’m curious to hear what you think is the scarce resource. After trying my hand at starting a company and working in venture capital, I’ve come to appreciate that often the idea is quite important. The old hobbyhorse of execution vs idea feels like a false dichotomy though. The best companies do not spring forth from entrepreneurs’ heads like Athena, fully dressed for battle, but they are also not A/B tested into existence. Similarly, science seems to move forward through a combination of dogged empirical work and theoretical insight.
Here are a few areas I’d like to read more about: courage, ignorance/fools and subversion/tricksters. I always think of the strange case of Medicine Nobel Dr. Barry Marshall, who debunked long established medical beliefs about stress being the cause of gastric ulcers by performing risky self experimentation that involved infecting his gut with bacteria: https://asm.org/Podcasts/MTM/Episodes/The-Self-Experimentation-of-Barry-Marshall-MTM-144