Is Innovation Declining?Are we on our way back to the Dark Ages?
Recent research has shown that the rate of invention per person peaked in 1915 and has been declining ever since.
In a study of major innovations over time and population, analysis shows that we are in a major decline.
This conclusion is opposite of the widely held belief that we are experiencing exponential growth in technology and innovation.
The complete study will be published in Technological Forecasting and Social Change. I will discuss it in more detail after I have read the paper.
Are we on our way back to the Dark Ages?