Stepping back a bit, it seems to me that the big puzzle of growth theory is that we see super-exponential growth over the very long term, but sub-exponential growth over the last several decades. I don’t think we yet have a unified model that explains both periods.
I thought that was due to population growth stopping?
Unclear, because even though population growth has slowed, the number of researchers and the amount of research investment continues to grow, I think. So I’m not sure we would expect a growth slowdown yet. (Although it’s concerning for the long-term future since of course the share of the population devoted to research can’t exceed 100%.)
I thought that was due to population growth stopping?
Unclear, because even though population growth has slowed, the number of researchers and the amount of research investment continues to grow, I think. So I’m not sure we would expect a growth slowdown yet. (Although it’s concerning for the long-term future since of course the share of the population devoted to research can’t exceed 100%.)