I understand the theoretical argument, but empirically do you think the quality of ideas that people believe has increased from (say) 2000 to 2020?
It seems like there's a lot more going on than just faster dissemination, and the way information travels these days might have introduced new asymmetries and inefficiencies.
It seems like there's a lot more going on than just faster dissemination, and the way information travels these days might have introduced new asymmetries and inefficiencies.