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Modern logistics (c.f. Walmart) is a hugely significant technological breakthrough, and is arguably the foundation of our modern economy. It's not obvious to consumers because it happened behind the scenes, but don't neglect it's significance.



Modern logistics developed mainly during the Second World War and post-war period, along with the computer revolution. My point is however that the last few decades have seen a refinement of more revolutionary changes in the first half of the twentieth century.

For example, from 1902 - 1960 we went from the Kitty Hawk to the jet passenger plane. From 1960 we went from the jet plane to .... ? We're still flying around in planes developed in the late 1960s/early 1970s. Sure, maybe they have better navigation systems, they might be safer and so on, but these are refinements rather than revolutionary changes.


So you're saying if any trend reaches an asymptote, technology is dead? Did you expect planes to be the size of skyscrapers by now? In any case the limiting factors there are economics, not technology. We could build a flying skyscraper, if we really wanted to.

In any case the standards of technology are always the thing that's changing the fastest. In the early 20th century, it was transport and chemistry. Today it's computing and biotechnology.


In 1900, noone could predict jumbo jets of 1960s. In 1960s, noone could predict we would still be flying same jumbo jets of 1960s in 2010.

I mean, it's 60 years. Imagine yourself transported to 2070 only to find people still using Twitter from their Android phones.


People would probably be shocked by how cheap airfares are now though. Aviation technology has favoured seat cost over speed and that does show.


Physical laws and economic realities constrain technological progress. In the case of aircraft the possibilities allowed these laws and realities were exhausted in 60 years. No point being upset about it.


Show a 1960s jet passenger the price tag on a cheap around-the-world ticket, and his eyes will fall out.




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