TEDxEast - Tyler Cowen - The Great Stagnation

May 9, 2011- Tyler Cowen shows us through economics that we may not be as innovative as we think we are and urges us to change.

Category:

Education

Tags:

• TEDxEast
• New York
• Tyler
• Cowen
• Great
• Stagnation
• educational
• Economics
• Innovation

[melkaira]

Law of diminishing returns, anyone?

[cristoretornebiblia]

Good video I agree at the end about more respect for Scientists compared to the plastic celebrity culture, sadly that industry of pop music, magazine, mtv is a big industry. As for the increase I agree we are at a peak, but I think because when they is a new idea the general trend would go upwards then eventually meet a peak, that goes with anything, playing a new sport you may make good gains then plateau

[nykos222]

@MarkProffitt The 3rd world is poor precisely because their average intelligence is lower than of the 1st world (+China), for reasons which are mainly genetic. It takes high average intelligence of a population to produce genius-level outliers (like, say, Albert Einstein).

The Nobel Prize list, with its disproportionate number of Jews, is a perfect illustration that it takes high average intelligence to contribute to science. Jews have been shown to have an average IQ close to 110.

[nykos222]

It takes increasingly smarter people to do science.We are reaching the limits of our intelligence as human beings.We simply don't have the mental capacity to go beyond what we already know today, b/c those concepts are too advanced for our limited minds to grasp (the same way quantum mechanics is to chimps)

Until recently,natural selection weeded out the genes of those with lesser intelligence.This is how we humans came to be.With modern medicine, idiots get to reproduce more than smart people.

[82goggles]

Yay Scientists! Celebrities can suck it!

[FoxKnightJ07]

For Science!

[MarkProffitt]

He points out some truths but ignores gigantic changes & makes incorrect conclusions even when he points at causes of serious problems.

A poor person in the 3rd world can video conference with anyone anyplace in the world from a handheld device. Forget flying cars, that is teleportation basically for free.

Hobbyists build 3D printers from junk, robots building themselves from free materials.

Books going into a machine then into students mind's is happening. Archive.org, translate.google.com

[TheCalifornianMatado]

@moridinamael I wouldn't say that. Computer games are programs that take away a lot of our productivity. They may increase temporary happiness, but time that could have been spent focusing on creating new programs that really increased productivity and made our lives more efficient and easier.

[kraskata2012]

it's funny how a serious (or maybe not so serious) economist would accept some author's fantasy about the future as a baseline for comparison

[moridinamael]

It seems like he's just using a naive, antiquated assessment of what counts as an innovation. Every single new computer program is an innovation which increases our effectiveness.

[hyperthreaded]

If you want further evidence for what this guy is talking about, just look at the number of views this video has compared to one that shows a talking dog. :-P